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BRIEF-StorageVault executes purchase agreement to acquire $62.5 million of storage assets in Toronto, Mississauga and Greater Montreal area
November 28, 2016 / 9:50 PM / a year ago

BRIEF-StorageVault executes purchase agreement to acquire $62.5 million of storage assets in Toronto, Mississauga and Greater Montreal area

Nov 28 (Reuters) - StorageVault Canada Inc

* StorageVault executes purchase agreement to acquire $62.5 million of storage assets in Toronto, Mississauga and Greater Montreal area

* StorageVault Canada says purchase price payable by issuance of minimum of 16.7 million, maximum of 25 million shares of co at a deemed price of $1.20 per share

* StorageVault Canada says independent acquisition committee of StorageVault approved acquisition

* StorageVault Canada says part of the purchase price being paid with funds on hand and first mortgage financing Source text for Eikon: Further company coverage:

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