Urban Select Capital Corporation (the "Company") is pleased to announce that it
closed its previously announced private placement. Pursuant to the private
placement, Oriental Sense Development Limited (the "Investor"), a private
British Virgin Islands corporation, acquired 12,500,000 common shares ("Shares")
of the Company at a price of $0.08 per Share for proceeds of $1,000,000 (the
"Strategic Investment"). The Company and the Investor are at arm's length and
the Investor previously owned no securities of the Company. No finder's fees
were paid in connection with the Strategic Investment. Upon completion of the
Strategic Investment, the Investor owns approximately 30.56% of the issued and
outstanding Shares and as a result the Investor is a 'control person' (as that
term is defined in the policies of the TSX Venture Exchange (the "Exchange") of
the Company. The Strategic Investment received the unanimous approval of the
Company's shareholders at the Company's annual and special general meeting (the
"Meeting") held on January 9, 2014. Further information regarding the Strategic
Investment and the Investor was set forth in the management information circular
mailed by the Company to its shareholders in respect of the Meeting. The Shares
are subject to a four-month hold period which expires on May 28, 2014.


The Company also wishes to announce that Min Kuang, Jas Hayre and Joseph Fodor
were re-elected as directors of the Company at the Meeting. In addition, David
Yoo was elected as a director of the Company. Prior to the Meeting, David
Feldman and Zou Zhendong decided not to stand for re-election. The Company
wishes to thank Messrs. Feldman and Zhendong for the time and effort they
committed to the Company. 


At the Meeting, the Company's proposed consolidation of its outstanding Shares
on the basis of one new common share for every three Shares currently issued and
outstanding (the "Consolidation) was also approved unanimously. The directors of
the Company have elected to not proceed with this Consolidation at this time,
but may choose to do so at a later date. Completion of Consolidation will be
subject to approval of the Exchange at that time. 


ABOUT URBAN SELECT

Urban Select Capital Corporation is an investment issuer focused on investing
growth capital into private and public companies in a broad range of sectors
including natural resources, healthcare, and agriculture and consumer retail
services. Urban Select's management team is composed of investment professionals
combining an Asian background with Western education and extensive experience in
investment banking, venture capital and fund management in Canada, China and the
U.S.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the business
of the Company. These statements are subject to a number of risks and
uncertainties. Actual results may differ materially from results contemplated by
the forward-looking statements. When relying on forward-looking statements to
make decisions, investors and others should carefully consider the foregoing
factors and other uncertainties and should not place undue reliance on such
forward-looking statements. The Company does not undertake to update any forward
looking statements, oral or written, made by itself or on its behalf except as
required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Urban Select Capital Corporation
David Yoo
Chief Financial Officer and Managing Director
(604) 689-0618
(604) 689-0628 (FAX)
www.urbanselect.com

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