{"success":true,"data":{"pressRelease":{"id":"154623","rtpr_id":"nNFC4Tpd6b-20260928","ticker":"UIG","exchange":"","all_tickers":["UIG"],"title":"Urban Infrastructure Group Announces Resignation of Chief Operating Officer and Director","author":"Newsfile Corp","published_at":"2026-09-28T21:00:14.267Z","article_body":"Brampton, Ontario--(Newsfile Corp. - September 28, 2026) - Urban\nInfrastructure Group Inc. (TSXV: UIG) (\"UIG\" or the \"Corporation\"), announces\nthat Luca Filice has resigned from his positions as Chief Operating Officer\nand Director of the company, effective September 25, 2026.\n\nThe Board of Directors and management of UIG would like to thank Mr. Filice\nfor his contributions to the Company and wish him all the best in his future\nendeavours.\n\nGary Alves, Chief Executive Officer of UIG, commented:\n\"We sincerely thank Luca for his hard work, commitment and contributions to\nUIG. We appreciate the time he has spent with the Company and wish him all the\nbest in his future endeavours.\"\n\nThe Company will provide further information regarding any changes to its\nmanagement structure and Board of Directors, as applicable.\n\nAbout Urban Infrastructure Group\n\nUIG is a concrete and drainage infrastructure construction group engaged in\nthe earliest stage of the construction process, known as Stage One. Urban\nInfrastructure Group specializes in large-scale, master-planned residential\ncommunities and works with partners and customers involved in residential\ndevelopment projects in Ontario.\n\nConnect with UIG: https://urbaninfrastructuregroup.com/\n\nContact\nKrisztina Alves\nT: 905-866-2483\nE: krisztina@urbaninfrastructuregroup.com\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSXV) accepts responsibility for the\nadequacy or accuracy of this release.\n\nForward-Looking Information\n\nThis press release contains \"forward-looking information\" within the meaning\nof applicable Canadian securities legislation. Generally, forward-looking\ninformation can be identified by the use of forward-looking terminology such\nas \"plans\", \"expects\" or \"does not expect\", \"is expected\", \"budget\",\n\"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not\nanticipate\", or \"believes\", or variations of such words and phrases or state\nthat certain acts, events or results \"may\", \"could\", \"would\", \"might\" or \"will\nbe taken\", \"occur\" or \"be achieved\". Forward-looking information is subject to\nknown and unknown risks, uncertainties and other factors that may cause the\nactual results, level of activity, performance or achievements of the Company,\nas the case may be, to be materially different from those expressed or implied\nby such forward-looking information. Some of these risks are described under\nthe \"Caution on Forward-Looking Information\" section and \"Risk Factors\"\nsection of the MD&A. Although the Company has attempted to identify important\nfactors that could cause actual results to differ materially from those\ncontained in forward-looking information, there may be other factors that\ncause results not to be as anticipated, estimated or intended. There can be no\nassurance that such information will prove to be accurate, as actual results\nand future events could differ materially from those anticipated in such\nstatements. Accordingly, readers should not place undue reliance on\nforward-looking information. Actual results and developments may differ\nmaterially from those contemplated by these statements. The Company does not\nundertake to update any forward-looking information, except in accordance with\napplicable securities laws.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/316361","article_body_html":"","raw_payload":{"data":{"id":"nNFC4Tpd6b-20260928","title":"Urban Infrastructure Group Announces Resignation of Chief Operating Officer and Director","author":"Newsfile Corp","ticker":"UIG","created":"2026-09-28T21:00:14.267Z","tickers":["UIG"],"exchange":"","article_body":"Brampton, Ontario--(Newsfile Corp. - September 28, 2026) - Urban\nInfrastructure Group Inc. (TSXV: UIG) (\"UIG\" or the \"Corporation\"), announces\nthat Luca Filice has resigned from his positions as Chief Operating Officer\nand Director of the company, effective September 25, 2026.\n\nThe Board of Directors and management of UIG would like to thank Mr. Filice\nfor his contributions to the Company and wish him all the best in his future\nendeavours.\n\nGary Alves, Chief Executive Officer of UIG, commented:\n\"We sincerely thank Luca for his hard work, commitment and contributions to\nUIG. We appreciate the time he has spent with the Company and wish him all the\nbest in his future endeavours.\"\n\nThe Company will provide further information regarding any changes to its\nmanagement structure and Board of Directors, as applicable.\n\nAbout Urban Infrastructure Group\n\nUIG is a concrete and drainage infrastructure construction group engaged in\nthe earliest stage of the construction process, known as Stage One. Urban\nInfrastructure Group specializes in large-scale, master-planned residential\ncommunities and works with partners and customers involved in residential\ndevelopment projects in Ontario.\n\nConnect with UIG: https://urbaninfrastructuregroup.com/\n\nContact\nKrisztina Alves\nT: 905-866-2483\nE: krisztina@urbaninfrastructuregroup.com\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSXV) accepts responsibility for the\nadequacy or accuracy of this release.\n\nForward-Looking Information\n\nThis press release contains \"forward-looking information\" within the meaning\nof applicable Canadian securities legislation. Generally, forward-looking\ninformation can be identified by the use of forward-looking terminology such\nas \"plans\", \"expects\" or \"does not expect\", \"is expected\", \"budget\",\n\"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not\nanticipate\", or \"believes\", or variations of such words and phrases or state\nthat certain acts, events or results \"may\", \"could\", \"would\", \"might\" or \"will\nbe taken\", \"occur\" or \"be achieved\". Forward-looking information is subject to\nknown and unknown risks, uncertainties and other factors that may cause the\nactual results, level of activity, performance or achievements of the Company,\nas the case may be, to be materially different from those expressed or implied\nby such forward-looking information. Some of these risks are described under\nthe \"Caution on Forward-Looking Information\" section and \"Risk Factors\"\nsection of the MD&A. Although the Company has attempted to identify important\nfactors that could cause actual results to differ materially from those\ncontained in forward-looking information, there may be other factors that\ncause results not to be as anticipated, estimated or intended. There can be no\nassurance that such information will prove to be accurate, as actual results\nand future events could differ materially from those anticipated in such\nstatements. Accordingly, readers should not place undue reliance on\nforward-looking information. Actual results and developments may differ\nmaterially from those contemplated by these statements. The Company does not\nundertake to update any forward-looking information, except in accordance with\napplicable securities laws.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/316361"},"type":"article","timestamp":"2026-09-28T21:00:14.360035847Z","server_sent_at_ms":1790629214360},"received_at":"2026-09-28T21:00:14.428Z","source_url":"https://www.newsfilecorp.com/release/316361"},"analysis":{"id":"143383","press_release_id":"154623","analysis_json":{"industry":{"label":"Construction & Engineering","sector":"Industrials"},"redFlags":["COO and director resigned with no stated reason","no successor named for the COO role"],"eventType":"executive_change","narrative":"Urban Infrastructure Group announced that Luca Filice resigned as Chief Operating Officer and Director, effective September 25, 2026.\n\nThe company offered no reason for the departure and has not named a successor, saying only that it will provide further information on management and board changes as applicable.\n\nFor a small Ontario-based Stage One infrastructure contractor, the dual loss of a senior operator and a board member is a governance watch item rather than an immediate operational event.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Micro-cap COO/director departure with no successor -- watch for follow-up on management restructuring."},"keyFigures":{},"quotedText":"We sincerely thank Luca for his hard work, commitment and contributions to UIG.","namedEntities":{"people":[{"name":"Luca Filice","role":"resigned COO and Director"},{"name":"Gary Alves","role":"CEO"},{"name":"Krisztina Alves","role":"contact / investor relations"}],"products":[],"companies":[{"name":"Urban Infrastructure Group Inc.","ticker":"UIG"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"COO and director resignation at a small TSXV infrastructure company. Not a CEO departure and no successor named, but the loss of a senior officer combined with a board seat vacancy warrants modest weight."},"tickerRelevance":{"others":[],"primary":"UIG"},"globalImportance":12,"audienceRelevance":8,"eventTypeSecondary":["board_change"],"importanceComponents":{"tickerTier":"micro-cap (TSXV)","eventGravity":"senior-executive-and-board-departure","issuerAuthored":true}},"event_type":"executive_change","event_type_secondary":["board_change"],"sentiment":"bearish","material_impact_score":2,"narrative":"Urban Infrastructure Group announced that Luca Filice resigned as Chief Operating Officer and Director, effective September 25, 2026.\n\nThe company offered no reason for the departure and has not named a successor, saying only that it will provide further information on management and board changes as applicable.\n\nFor a small Ontario-based Stage One infrastructure contractor, the dual loss of a senior operator and a board member is a governance watch item rather than an immediate operational event.","key_figures":{},"named_entities":{"people":[{"name":"Luca Filice","role":"resigned COO and Director"},{"name":"Gary Alves","role":"CEO"},{"name":"Krisztina Alves","role":"contact / investor relations"}],"products":[],"companies":[{"name":"Urban Infrastructure Group Inc.","ticker":"UIG"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-28T21:00:18.778Z","global_importance":12,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap (TSXV)","eventGravity":"senior-executive-and-board-departure","issuerAuthored":true}},"durationMs":4343,"modelName":"glm-5.3-flashx"}}