STORAGEVAULT CANADA INC.
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) reported the Corporation's 2016 third quarter and nine months year to date results. Iqbal Khan, Chief Financial Officer, commented:
"We continue to achieve and exceed our acquisition plan, having closed or announced $114.5 million in acquisitions so far this year, combined with success on improving our operational results. With Q3 traditionally being the strongest quarter of the year, and with the performance of the stores acquired in 2015 being solid, we are on pace to achieve our expected annual results. To the end of quarter, we closed $78.7 million in acquisitions, closed a bought deal raise for gross proceeds of $57.5 million, issued an additional $7.1 in common shares to vendors in asset acquisitions, declared our third quarter dividend and increased net operating income from the prior quarter by 19.1%."