StorageVault Announces Stock Option Issuance
June 20 2014 - 7:00AM
Marketwired
StorageVault Announces Stock Option Issuance
REGINA, SASKATCHEWAN--(Marketwired - Jun 20, 2014) -
STORAGEVAULT CANADA INC. ("StorageVault") (TSX-VENTURE:SVI)
announced today that, subject to regulatory approval, it has
granted a total of 400,000 options to purchase common shares of
StorageVault to the directors and officers of StorageVault, with an
exercise price of $0.33 and an expiry date of June 19, 2024.
StorageVault has determined that there are exemptions available
from the various requirements of TSX Venture Policy 5.9 and
Multilateral Instrument 61-101 for the issuance of these options
(Formal Valuation - Issuer Not Listed on Specified Markets;
Minority Approval - Fair Market Value Not More Than
$2,500,000).
About StorageVault
Canada Inc.
StorageVault
currently owns and operates Trans Can Mini-Stor in Regina, Kenaston
Self Storage in Winnipeg, B&B Self Storage in Cambridge,
Parksville Mini Storage in the Regional District of Nanaimo, Space
Place Self Storage in Calgary, Airport Road Self Storage in London
and Canadian PUPS in Saskatoon and Edmonton. Trans Can Mini-Stor,
Kenaston Self Storage, B&B Mini Storage, Parksville Mini
Storage, Airport Road Self Storage and Space Place Self Storage are
fixed unit storage facilities operating in conjunction with
Canadian PUPS portable storage franchises at each location.
StorageVault operates Canadian PUPS Portable Storage in Saskatoon
and Edmonton as stand-alone portable storage franchises.
StorageVault intends to continue to grow its business through the
acquisition of additional self- storage properties, and organically
as master franchisee through the development of Canadian PUPS
portable storage facilities in Canada.
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
StorageVault Canada Inc.Mr. Alan Simpson(306)
536-3771simpson@storagevaultcanada.comStorageVault Canada Inc.3603
Selinger CrescentRegina, Saskatchewan S4V 2H7
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