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StorageVault Canada Inc (SVI.V)

SVI.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

StorageVault announces normal course issuer bid
Thursday, 17 Aug 2017 01:57pm EDT 

Aug 17 (Reuters) - Storage Vault Canada Inc ::To purchase for cancellation, during 12-month period starting August 18, 2017, up to 17.2 million of common shares.  Full Article

Storage Vault reports qtrly ‍net loss of $3.0 million
Tuesday, 8 Aug 2017 11:01am EDT 

Aug 8 (Reuters) - Storage Vault Canada Inc ::Storagevault reports 2017 second quarter and year to date results.Q2 revenue C$12.6 million.Funds from operations were $3.8 million for Q2 2017 compared to $1.7 million in Q2 2016.Qtrly ‍net loss of $3.0 million.Adjusted funds from operations were $4.7 million for Q2 2017 compared to $1.9 million in Q2 2016.During quarter, ‍increased same store NOI by "at least" 10 percent.Qtrly net operating income grew to $7.9 million from $3.8 million for comparative period.  Full Article

StorageVault Canada announces $135 million bought deal offering of common shares
Wednesday, 28 Jun 2017 04:12pm EDT 

June 28 (Reuters) - Storage Vault Canada Inc :Storagevault Canada Inc. Announces $135 million bought deal offering of common shares.Storage vault Canada Inc - ‍entered into an agreemen to sell, on a bought deal basis, 50.9 million common shares ​.Storage vault Canada Inc - ‍offering consists of 32.1 million common shares from treasury and 18.9 million common shares sold on a secondary basis​.Storage vault Canada Inc - ‍shares will be offered at a price of $2.65 per share, for gross proceeds to corporation of approximately $85 million​.Storage vault Canada-‍net proceeds of treasury offering to be used to pay down debt under current credit facilities, fund previously announced, future deals​.  Full Article

Storage Vault Canada waives conditions on sentinel storage purchase
Tuesday, 6 Jun 2017 02:38pm EDT 

June 6 (Reuters) - Storage Vault Canada Inc ::Storagevault waives conditions on sentinel storage purchase, advises previously announced montreal acquisition will not move forward and announces purchase of stores in kamloops.Waived due diligence conditions and all other initial conditions on sentinel storage $396.6 million portfolio purchase​.Will not move forward with $15 million montreal acquisition announced on march 10, 2017​.Has entered into a purchase agreement to acquire three stores in kamloops for $5.8 million​.Purchase price for kamloops acquisition is payable by issuance of $950,000 of common shares​.Remainder of kamloops acquisition purchase price being paid with funds on hand and first mortgage financing​.  Full Article

Storagevault to acquire two stores in Montreal area
Wednesday, 17 May 2017 07:47am EDT 

May 17 (Reuters) - Storage Vault Canada Inc :Storagevault to acquire two stores in Montreal area and confirms that sentinel storage is the previously announced $396.6 million portfolio purchase.Storage Vault Canada Inc - to acquire one store in Montreal for $8.6 million and one store in greater Montreal area for $8 million.Storage Vault Canada Inc - purchase price for greater Montreal area acquisition is payable with funds on hand and first mortgage financing.  Full Article

StorageVault Q1 revenue C$10.1 million
Monday, 1 May 2017 05:42pm EDT 

May 1 (Reuters) - Storage Vault Canada Inc ::Storagevault reports 2017 first quarter results, increases annual dividend and updates previously announced acquisitions.Q1 revenue C$10.1 million.Storage Vault Canada Inc says Storagevault is increasing its annual dividend by 2% commencing in Q2 2017.Storage Vault Canada Inc - net loss went from $1.3 million in q1 2016 to $10.8 million in q1 2017.Expect revenue, net operating income to increase in q2 2017 due to warmer weather resulting in more activity.  Full Article

StorageVault reports Q4 revenue of C$8.9 million
Friday, 31 Mar 2017 08:58pm EDT 

Storage Vault Canada Inc : StorageVault reports fiscal 2016 annual results; highlighting $178.4 million in acquisitions; significant growth in NOI and FFO; provides 2017 outlook . Q4 revenue C$8.9 million . FFO was $2.3 million for Q4 2016 compared to $0.6 million for same period in 2015 . "Expect to do between $50 to $90 million of acquisitions in 2017" . Full effect of 2016 acquisitions will not be realized until 2017 .Expect both revenue and NOI to increase by 50% in 2017.  Full Article

Storage Vault closes acquisition of $7.4 mln Kitchener Storage asset
Tuesday, 21 Mar 2017 04:00pm EDT 

Storage Vault Canada Inc - :Storage Vault closes acquisition of $7.4 million Kitchener Storage asset.  Full Article

Storagevault to acquire stores in Montreal and Kamloops
Friday, 10 Mar 2017 03:40pm EST 

Storage Vault Canada Inc : Storagevault to acquire stores in Montreal And Kamloops . Entered into a purchase agreement to acquire one store in Montreal for $15 million .To acquire one store in Kamloops for $2.8 million.  Full Article

Access Self Storage increases its investment in StorageVault
Tuesday, 21 Feb 2017 08:30am EST 

Storage Vault Canada Inc : Storage Vault Canada Inc - access self storage inc has acquired 15 million common shares in capital of storagevault at a price of $1.50 per share .Storage Vault Canada Inc - access now owns or controls 108.5 million common shares or about 37.40% of total issued, outstanding shares of storagevault.  Full Article

BRIEF-StorageVault announces normal course issuer bid

* To purchase for cancellation, during 12-month period starting August 18, 2017, up to 17.2 million of common shares Source text for Eikon: Further company coverage: