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Urban Infrastructure Group Secures $2 Million Contract for Milton Development

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Urban Infrastructure Group Inc ( (TSE:UIG) ) just unveiled an update.

Urban Infrastructure Group Inc. has been awarded a $2 million contract for concrete and drainage work in a residential development in Milton, Ontario, set to begin in September 2025. This project highlights UIG’s expertise in critical infrastructure for large-scale residential communities and its role in supporting regional growth. Additionally, UIG has issued 750,000 common share purchase warrants as a loan bonus, with conditions for accelerated expiry based on share price performance.

More about Urban Infrastructure Group Inc

Urban Infrastructure Group Inc. is a leading construction company specializing in concrete and drainage infrastructure. The company is engaged in the earliest stage of construction, known as Stage One, and focuses on large-scale, master-planned residential communities in Ontario.

Average Trading Volume: 46,472

Technical Sentiment Signal: Sell

Current Market Cap: C$3.51M

See more insights into UIG stock on TipRanks’ Stock Analysis page.

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