As at April 26, 2024Show prices

SaskWorks Diversified (Class A - Series A) - 27.0224

SaskWorks Diversified (Class A - Series B) - 29.0154

SaskWorks Diversified (Class A - Series F) - 32.2096

SaskWorks Resources (Class R - Series A) - 24.6488

SaskWorks Resources (Class R - Series B) - 30.3499

SaskWorks Resources (Class R - Series F) - 26.3955

News

June 26, 2015

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.

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