StorageVault to Acquire 2 Storage Locations for $43,000,000

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has agreed to acquire two stores from two arm’s length vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $43,000,000, subject to customary adjustments (the “Acquisitions”), and the purchase price is expected to be paid with funds on hand and first mortgages. The Acquisitions are expected to close in May 2024.

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