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StorageVault Announces Successful Closing of $50 Million Bought Deal Offering of 5.60% Senior Unsecured Hybrid Debentures

Provided By GlobeNewswire

Last update: Nov 28, 2025

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Nov. 28, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its November 12, 2025 and November 25, 2025, news releases, it has completed its previously announced offering of listed senior unsecured hybrid debentures (the “Debentures”) with a syndicate of underwriters co-led by CIBC World Markets Inc. and Scotia Capital Inc. (the “Joint Bookrunners”) and including National Bank Financial Inc., TD Securities Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc., Desjardins Securities Inc., and Raymond James Ltd. (together with the Joint Bookrunners, the “Underwriters”) on a bought deal basis. A total of $50 million aggregate principal amount of Debentures were issued at a price of $1,000 per Debenture (the “Offering”). StorageVault has also granted the Underwriters an option to purchase up to an additional $7.5 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, for a period of 30 days following the closing of the Offering.

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