Business News • MarketWire • StorageVault Executes Purchase Agreements to Acquire 3 Storage Assets in Kamloops and 2 in Manitoba for $19 Million |
StorageVault Executes Purchase Agreements to Acquire 3 Storage Assets in Kamloops and 2 in Manitoba for $19 Million |
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StorageVault Executes Purchase Agreements to Acquire 3 Storage Assets in Kamloops and 2 in Manitoba for $19 Million
REGINA, SASKATCHEWAN--(Marketwired - Nov. 20, 2015) - STORAGEVAULT CANADA INC. ("StorageVault") (TSX VENTURE:SVI) announced today that, further to its news release dated October 16, 2015, it has entered into an asset purchase agreement executed on November 18, 2015 with Ace Sun Ventures Ltd. and SelfStorAll (Kamloops) Limited Partnership (collectively referred to as the "Kamloops Assets Vendors") to purchase for an aggregate purchase price of $7,800,000, subject to customary adjustments (the "Kamloops Assets Acquisition"), all of the self storage assets, property and business used in the operation of three Kamloops, British Columbia area self storage stores (the "Kamloops Purchased Assets") owned by the Kamloops Assets Vendors.
View More : http://www.marketwired.com/mw/release.do?id=2075887&sourceType=3
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