June 22 (Reuters) - Urbana Corp URB.TO :
* URBANA CORP - OUR PORTFOLIO MANAGER, CALDWELL INVESTMENT MANAGEMENT LTD IS CURRENTLY SUBJECT OF AN ONTARIO SECURITIES COMMISSION ("OSC") PROCEEDING
* URBANA CORP - CALDWELL INVESTMENT MANAGEMENT LTD HAS BEEN IN DISCUSSIONS WITH OSC AND IS ATTEMPTING TO RESOLVE ISSUE