StorageVault to Acquire Storage Asset in GTA for $15.0 Million

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Jul 05, 2018
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TORONTO, July 05, 2018 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (TSX-V:SVI) has entered into an agreement and waived due diligence conditions to acquire one store in the Greater Toronto Area from a vendor (the “Vendor”) for a purchase price of $15,000,000, subject to customary adjustments (the “Acquisition”). The Acquisition is an arm’s length transaction. It is anticipated that the closing of the Acquisition will occur on or before July 25, 2018.