UrtheCast Announces Release of Brokered Private Placement Proceeds from Escrow, Completion of Syndication of the UrtheDaily Facility and the Appointment of Two New Directors

UrtheCast Corp. is pleased to announce the release from escrow to UrtheCast of gross proceeds of approximately $16.7 million from the brokered private placement that closed on May 3, 2018 and the completion of the syndication of the US$142 million.