08:07 AM EDT, 06/24/2025 (MT Newswires) -- StorageVault Canada ( SVAUF ) on Tuesday said it completed the acquisition of seven stores and one adjacent vacant parcel of land from six vendor groups for $71.9 million.
Six of the acquisitions are arm's length and two, totaling $21.9 million, are related party acquisitions with Access Self Storage as the vendor. The purchase price was paid with funds on hand, a promissory note and mortgage financing.
Shares of the company closed up about 1% to $4.04 on Monday on the Toronto Stock Exchange.