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BRIEF-StorageVault to buy 5 stores in the Prairies for $22 mln
December 23, 2016 / 2:15 PM / 10 months ago

BRIEF-StorageVault to buy 5 stores in the Prairies for $22 mln

Dec 23 (Reuters) - Storage Vault Canada Inc :

* Remainder of purchase price being paid with funds on hand and first mortgage financing

* Storage Vault Canada- purchase price is payable by issuance of $4 million of common shares of StorageVault at a deemed price of $1.50 per common share

* StorageVault to acquire 5 stores in the prairies for $22,000,000; closes previously announced purchase of 5 stores in Ontario and Quebec for $66,850,000; issues options Source text for Eikon: Further company coverage:

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