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Latest News

Dec
6

STORAGEVAULT ANNOUNCES PROPOSED $51MM ASSET ACQUISITION

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) announced today that it has entered into an asset purchase agreement dated December 2, 2014 (the “Purchase Agreement”), with Access Self Storage Inc. (“Access”) and Cubeit Portable Storage Canada Inc. (“Cubeit”), collectively referred to as (the “Vendors”), pursuant to which StorageVault has agreed to purchase all of the portable storage assets and business of Cubeit and certain of the self-storage assets and business of Access (the “Purchased Assets”) for an aggregate purchase price of $51,275,000, subject to customary adjustments (the “Proposed Acquisition”).  The Vendors are not related parties to StorageVault.

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Oct
3

Come out to the Regina farmers market on Wednesday, October 8th, 2014 from 9AM to 1PM.  We will be there with a PUP unit to collect any perishable or monetary donations for Souls Harbour's Thanksgiving Dinner on Saturday October 11th, 2014.

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Sep
22

Come out to McDougall Auctions in Regina, Saskatchewan to bid on a 7 x 16ft PUP unit on Tuesday September 23rd, 2014.  Live auction starts at 7 p.m.  Entire purchase amount will be donated to Souls Harbour for purchasing turkeys for their Thanksgiving Dinner on October 11th, 2014.

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Aug
29

Click picture below to view.

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May
28

STORAGEVAULT ANNOUNCES ACQUISITION AGREEMENT AND WAIVES DUE DILIGENCE CONDITIONS FOR THE ACQUISITION OF PROPERTY IN EDMONTON, ALBERTA

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has entered into an acquisition agreement of purchase and sale (the “Acquisition Agreement”), to acquire from an arm’s length third party a property located in Edmonton, Alberta (the “Acquisition”).  The aggregate purchase price is $1,500,000 (subject to customary adjustments).  StorageVault has also provided notice to the vendor of the satisfaction of the due diligence and environmental investigations conditions with respect to the property.  The Acquisition is scheduled to close on May 15, 2014, or such earlier or later date as is mutually agreeable.  The purchase price payment terms for the acquisition is: (i) a $50,000 initial refundable deposit; (ii) a second $50,000 deposit (refundable in certain circumstances) to be paid within 7 business days from the removal of the due diligence conditions; and (iii) a final payment of $1,400,000 to be paid at closing.  The Proposed Transaction is subject to standard closing conditions including the representations and warranties of the vendor contained in the Acquisition Agreement being true and correct at closing and the delivery of standard closing documentation.  There can be no assurance that the closing conditions contained in the Acquisition Agreement will be satisfied, or that the Acquisition will be successfully completed.

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