As at November 22, 2024Show prices
SaskWorks Diversified (Class A - Series A) - 27.5238
SaskWorks Diversified (Class A - Series B) - 29.8343
SaskWorks Diversified (Class A - Series F) - 33.1087
SaskWorks Resources (Class R - Series A) - 26.9331
SaskWorks Resources (Class R - Series B) - 35.3110
SaskWorks Resources (Class R - Series F) - 30.0240
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STORAGEVAULT CANADA INC. (“StorageVault“) (SVI-TSX-V) announced today that it has entered into an asset purchase agreement dated June 26, 2015 (the “Purchase Agreement”) with Storage For Your Life Solutions Inc. (“SFYL”) and Carousel Ventures Ltd. (“Carousel”), (collectively SFYL and Carousel are referred to as the “Vendors.”) Pursuant to the Purchase Agreement, StorageVault has agreed to purchase for an aggregate purchase price of $52,500,000, subject to customary adjustments (the “Proposed Acquisition”), all of the self storage assets, property and business used in the operation of the four Greater Vancouver Area, British Columbia self storage stores (“Purchase Assets”) owned by SFYL and Carousel. The Vendors are not related parties to StorageVault. It is anticipated that the closing of the Proposed Acquisition will occur on or around September 1, 2015.
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