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STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce today that it has entered into an asset purchase agreement dated December 2, 2014 (the “Purchase Agreement“), with Access Self Storage Inc. (“Access“) and Cubeit Portable Storage Canada Inc. (“Cubeit“), collectively referred to as (the “Vendors“), pursuant to which StorageVault has agreed to purchase all of the portable storage assets and business of Cubeit and certain of the self-storage assets and business of Access (the “Purchase Assets“) for an aggregate purchase price of $51,275,000, subject to custormary adjustments (the “Proposed Acquisition“).