StorageVault Canada Inc. Announces Amendment to Purchase Price of Rv Storage of Saskatoon Acquisition AgreementFebruary 23, 2011
STORAGEVAULT CANADA INC. (“StorageVault“) (SVI-TSX-V) further to a press release dated January 6, 2011, StorageVault is pleased to announce that the Acquisition Agreement of Purchase and Sale (the “Acquisition Agreement“) to acquire from an arm’s length vendor a recreational vehicle storage facility located in Saskatoon, Saskatchewan, known as RV Storage of Saskatoon, has been amended. The aggregate purchase price has been reduced $81,250 to $1,543,750 (subject to customary adjustments). In addition, the due diligence condition date has been extended to March 15, 2011. All other terms of the Acquisition Agreement remain unamended.