TORONTO, Feb. 13, 2019 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC.
(“StorageVault”) (SVI-TSX-V) is pleased to announce that, based on strong quarterly and year over
year results, StorageVault is increasing its quarterly dividend for Q1 2019 by 0.5%.
ABOUT STORAGEVAULT CANADA INC.
StorageVault owns and operates 160 storage locations in the provinces of British Columbia, Alberta,
Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia. StorageVault owns 106 of these locations plus over 4,600 portable storage
units representing over 6 million rentable square feet.
For further information, contact Mr. Steven Scott or Mr. Iqbal Khan:
Tel: 1-877-622-0205
ir@storagevaultcanada.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release contains “forward-looking information” within the meaning of
applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are
forward-looking information. In particular, this news release contains forward-looking information in relation to StorageVault
increasing its quarterly dividend for Q1, 2019 by 0.5%. This forward-looking information reflects StorageVault’s current beliefs
and is based on information currently available to StorageVault and on assumptions StorageVault believes are reasonable. These
assumptions include, but are not limited to: the general level of activity in the storage business and the economy generally;
consumer interest in StorageVault’s services and products, including the managed stores; costs and expenses in relation to the
management agreements; competition and StorageVault’s competitive advantages, trends in the storage industry, including, increased
growth and growth in the portable storage business; the availability of attractive and financially competitive asset acquisitions
in the future; and the potential closing of previously announced acquisitions continuing to proceed as they have progressed to
date. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of StorageVault to be materially different from those expressed or implied
by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic,
competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or
failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation,
including environmental legislation, affecting StorageVault; the timing and availability of external financing on acceptable terms;
conclusions of economic evaluations and appraisals; and lack of qualified, skilled labour or loss of key individuals. A description
of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in
StorageVault’s disclosure documents on the SEDAR website at www.sedar.com. Although StorageVault has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward-looking information, there
may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing
list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as
there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking
information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information
contained in this news release represents the expectations of StorageVault as of the date of this news release and, accordingly, is
subject to change after such date. However, StorageVault expressly disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by
applicable securities law.
