StorageVault to Acquire 2 Ottawa Stores for $13.3 Million; and Completes Acquisition of 3 Stores, 2 in Quebec and 1 in Saskatchewan, for $16.1 Million

TORONTO, Oct. 17, 2018 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has entered into an asset purchase agreement executed with Access Self Storage Inc. (“Access”) to purchase two stores in Ottawa, Ontario for an aggregate purchase price of $13,250,000, subject to customary adjustments (the “Ottawa Acquisition”). StorageVault also announces that it has completed the previously announced acquisition of three stores, two in Quebec and one in Saskatchewan, for $16,050,000 (the “Quebec and Saskatchewan Acquisitions”).