TORONTO, ON--(Marketwired - November 20, 2015) - Delavaco Residential Properties Corp. ("Delavaco" or the "Company") (TSX VENTURE: DVO.U) (OTCQX: DELAF) today announces the issuance of 56,836 deferred share units ("DSUs"). The DSUs are being issued to non-employee directors as compensation for fees earned by such directors, pursuant to the DSU Plan of Delavaco. The number of DSUs issued to each director was calculated based on the fees earned by each director divided by a price of $0.53 per unit.