News

As at June 23, 2017

SaskWorks Diversified (Class A - Series A) $17.6803 SaskWorks Resources (Class R - Series A) $11.3422

SaskWorks Diversified (Class A - Series F) $18.2853 SaskWorks Resources (Class R - Series F) $11.6449

StorageVault to Acquire Storage for Your Life for $52.5 Million

STORAGEVAULT CANADA INC. (“StorageVault“) (SVI-TSX-V) announced today that it has entered into an asset purchase agreement dated June 26, 2015 (the “Purchase Agreement”) with Storage For Your Life Solutions Inc. (“SFYL”) and Carousel Ventures Ltd. (“Carousel”), (collectively SFYL and Carousel are referred to as the “Vendors.”) Pursuant to the Purchase Agreement, StorageVault has agreed to purchase for an aggregate purchase price of $52,500,000, subject to customary adjustments (the “Proposed Acquisition”), all of the self storage assets, property and business used in the operation of the four Greater Vancouver Area, British Columbia self storage stores (“Purchase Assets”) owned by SFYL and Carousel. The Vendors are not related parties to StorageVault. It is anticipated that the closing of the Proposed Acquisition will occur on or around September 1, 2015.

Back to News

Welcome

Please choose one of the following options to enter the site.

Search FAQs Advisor FAQs Legal Contact Facebook Logout

READ OUR PROSPECTUS > This offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained free of charge from your Investment Advisor or the agent, Industrial Alliance Securities Inc. (www.iavm.ca). Investors should read the prospectus and consult an Investment Advisor before making an investment decision.