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StorageVault Announces Filing of Short Form Prospectus
Globenewswire· 2025-11-25 20:25
Core Viewpoint - StorageVault Canada Inc. has announced the receipt of a final short form prospectus for an offering of senior unsecured hybrid debentures, aiming to raise gross proceeds of $50 million, with a maturity date of December 31, 2030 [2][4]. Group 1: Offering Details - The offering is subject to customary regulatory approvals, including approval from the Toronto Stock Exchange [2]. - The prospectus is available through SEDAR+ and provides detailed information about StorageVault and the offering [3]. - The securities offered will not be registered under the United States Securities Act of 1933 and cannot be sold or delivered in the United States [4]. Group 2: Company Overview - StorageVault operates 265 storage locations across Canada, owning 232 of these locations and over 5,000 portable storage units, totaling over 13.2 million rentable square feet [5]. - The company also offers last mile storage and logistics solutions, as well as professional records management services [5].
StorageVault Finalizes and Receives Additional Expropriation Compensation, and Grows Third Party Management Platform
Globenewswire· 2025-10-17 11:30
Core Insights - StorageVault Canada Inc. has finalized the expropriation of one of its properties, resulting in an additional gain of $15 million, bringing the total gain to approximately $30 million [2] - The company has added two new third-party stores to its management platform, enhancing its presence in key urban markets [3][4] Financial Performance - The total gain from the expropriation is now approximately $30 million, with the initial gain of $15 million recorded in Q2 2023 [2] Operational Developments - StorageVault has commenced management of two additional properties located in downtown Toronto and at a major highway intersection in the Greater Toronto Area [3] - The company emphasizes the strength of its third-party management platform, which is described as a best-in-class offering that drives superior performance [4] Company Overview - StorageVault operates 265 storage locations across Canada, owning 232 of these locations and over 5,000 portable storage units, totaling over 13.2 million rentable square feet [5]
StorageVault Completes Previously Announced Acquisitions; Adjusted Total Reaches $132.6 Million
Globenewswire· 2025-09-29 11:30
TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its April 23, 2025 and June 24, 2025 news releases, it has completed the acquisition of 4 additional stores (collectively, the “Acquisitions”) from four vendor groups (collectively, the “Vendors”), for an aggregate purchase price of $60.8 million. All of the Acquisitions are arm’s length. The aggregate purchase price for the Acquisitions in the amount of $60.8 million, subj ...
StorageVault Announces Quarterly Dividend for Q3 2025
Globenewswire· 2025-09-15 15:47
TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX announced today that a quarterly dividend of $0.002976 per common share (“Common Share”) will be payable on October 15, 2025 to shareholders of record on September 29, 2025, with an ex-dividend date of September 29, 2025. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. About StorageVault Canada Inc.As of June 30, 2025, StorageVault owned an ...
StorageVault Announces Quarterly Dividend for Q2 2025
Globenewswire· 2025-06-17 11:00
Company Overview - StorageVault Canada Inc. owns and operates 251 storage locations across Canada as of March 31, 2025 [2] - The company owns 221 of these locations and over 5,000 portable storage units, totaling over 12.7 million rentable square feet on over 728 acres of land [2] - StorageVault provides last mile storage and logistics solutions, as well as professional records management services including document and media storage, imaging, and shredding services [2] Dividend Announcement - StorageVault announced a quarterly dividend of $0.002961 per common share, payable on July 15, 2025 [1] - The record date for shareholders is June 30, 2025, with an ex-dividend date also set for June 30, 2025 [1] - This dividend has been designated as an "eligible dividend" for Canadian income tax purposes [1]
StorageVault Announces Results of Annual General And Special Shareholders Meeting
Globenewswire· 2025-05-22 12:47
Core Points - StorageVault Canada Inc. held its annual general and special meeting on May 21, 2025, with 225 shareholders representing approximately 79.3% of total votes [1] - All matters proposed at the meeting were approved, including the re-appointment of MNP LLP as auditors and the approval of unallocated options under the stock option plan [1] - The number of directors was fixed at six, with all nominees elected as directors [2] Election of Directors - Benjamin Harris received 89.954% votes for and 10.046% withheld/abstained [2] - Iqbal Khan received 85.374% votes for and 14.626% withheld/abstained [2] - Deborah Robinson received 99.921% votes for and 0.079% withheld/abstained [2] - Steven Scott received 90.657% votes for and 9.343% withheld/abstained [2] - Alan A. Simpson received 91.136% votes for and 8.864% withheld/abstained [2] - Mary Vitug received 99.885% votes for and 0.115% withheld/abstained [2] Company Overview - As of March 31, 2025, StorageVault owned and operated 251 storage locations across Canada, including 221 owned locations and over 5,000 portable storage units [3] - The total rentable space managed by StorageVault exceeds 12.7 million square feet on over 728 acres of land [3] - The company also offers last mile storage and logistics solutions, along with professional records management services [3]