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May
9

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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Feb
25

STORAGEVAULT CLOSES $1,000,000 UNIT FINANCING

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V): Further to a press release dated February 5, 2014, StorageVault is pleased to announce that StorageVault has completed its non-brokered private placement of a combination of half warrant units (each, a “Half Warrant Unit”) and full warrant units (each, a “Full Warrant Unit”) at a price of $0.30 per either a Half Warrant Unit or a Full Warrant Unit for aggregate gross proceeds of $1,000,000 (3,333,333 units) (the “Offering”).  A total of $850,000 of Full Warrant Units (2,833,334 units) and $150,000 of Half Warrant Units (499,999 units) were issued pursuant to the Offering.  Each Half Warrant Unit is comprised of one common share (“Common Share”) in the share capital of StorageVault and one-half (1/2) of one Common Share purchase warrant (a “$0.35 Warrant”) with each whole $0.35 Warrant being exercisable for four years from the closing of the Offering into one Common Share at an exercise price of $0.35 per share.  Each Full Warrant Unit is comprised of one Common Share and one full Common Share purchase warrant (a “$0.37 Warrant”) with each $0.37 Warrant being exercisable for four years from the closing of the Offering into one Common Share at an exercise price of $0.37 per share.

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Feb
5

STORAGEVAULT ANNOUNCES MAXIMUM $1,000,000 PRIVATE PLACEMENT FINANCING - TERMINATES EVALUATION OF PROPOSAL

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that StorageVault intends to complete a non-brokered private placement of a combination of half warrant units (each, a “Half Warrant Unit”) and full warrant units (each, a “Full Warrant Unit”) at a price of $0.30 per either a Half Warrant Unit or a Full Warrant Unit for aggregate gross proceeds of $1,000,000 (3,333,333 units) (the “Offering”).  Each Half Warrant Unit will be comprised of one common share (“Common Share”) in the share capital of StorageVault and one-half (1/2) of one Common Share purchase warrant (a “$0.35 Warrant”) with each whole $0.35 Warrant being exercisable for four years from the closing of the Offering into one Common Share at an exercise price of $0.35 per share.  Each Full Warrant Unit will be comprised of one common share (“Common Share”) in the share capital of StorageVault and one full Common Share purchase warrant (a “$0.37 Warrant”) with each whole $0.37 Warrant being exercisable for four years from the closing of the Offering into one Common Share at an exercise price of $0.37 per share.  StorageVault will only be issuing a maximum of $850,000 of Full Warrant Units pursuant to the Offering (a maximum of 2,833,333 Full Warrant Units).  Closing of the Offering is anticipated to occur on or around mid-February, 2014.

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Nov
28

STORAGEVAULT ANNOUNCES MAXIMUM $1,750,000 PRIVATE PLACEMENT FINANCING

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that StorageVault intends to complete a non-brokered private placement of a combination of half warrant units (each, a “Half Warrant Unit”) and full warrant units (each, a “Full Warrant Unit”) at a price of $0.30 per either a Half Warrant Unit or a Full Warrant Unit for aggregate gross proceeds of a minimum of $1,000,000 (3,333,334 units) and a maximum of $1,750,000 (5,833,334 units) (collectively, the “Offering”).  Each Half Warrant Unit will be comprised of one common share (“Common Share”) in the share capital of StorageVault and one-half (1/2) of one Common Share purchase warrant (a “$0.35 Warrant”) with each whole $0.35 Warrant being exercisable for four years from the closing of the Offering into one Common Share at an exercise price of $0.35 per share.  Each Full Warrant Unit will be comprised of one common share (“Common Share”) in the share capital of StorageVault and one full Common Share purchase warrant (a “$0.37 Warrant”) with each whole $0.37 Warrant being exercisable for four years from the closing of the Offering into one Common Share at an exercise price of $0.37 per share.  StorageVault will only be issuing a maximum of $750,000 of Full Warrant Units pursuant to the Offering (a maximum of 2,500,000 Full Warrant Units).  Closing of the Offering is anticipated to occur on or around mid-January, 2014.

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Mar
28

STORAGEVAULT ANNOUNCES COMPLETION OF THE ACQUISITION OF THE ASSETS OF AIRPORT ROAD SELF-STORAGE.

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) Further to a press release dated January 9, 2013, StorageVault is pleased to announce that it has completed the acquisition of all the assets and business (collectively the “Acquisition”) of Airport Road Self Storage, a self-storage facility located in London, Ontario

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