SVI Storagevault Canada Inc

STORAGEVAULT CANADA INC. ("StorageVault") (TSX VENTURE:SVI) further to a press
release dated November 6, 2012 StorageVault is pleased to announce that it has
completed a share purchase agreement whereby StorageVault purchased all of the
issued and outstanding shares (the "Shares") of a private Alberta corporation
("TargetCo") from three arm's length shareholders of TargetCo. The aggregate
purchase price for the Shares was $845,000 (subject to customary adjustments).
TargetCo.'s sole asset is a 1.38-acre parcel of land located at 6969 44th
Street, in Southeast Calgary.


About the Land

The 1.38 acres of land will be developed as a Canadian PUPS portable storage
facility and will be operated in conjunction with Space Place Self Storage.
Space Place Self Storage is owned and operated by StorageVault and has over 400
rental units with approximately 35,000 square feet of rentable self- storage
space.


About StorageVault Canada Inc.

StorageVault currently owns and operates Trans Can Mini-Stor in Regina, Kenaston
Self Storage in Winnipeg, B&B Self Storage in Cambridge, Parksville Mini Storage
in the Regional District of Nanaimo, Space Place Self Storage in Calgary, and
Canadian PUPS in Saskatoon. Trans Can Mini-Stor, Kenaston Self Storage, B&B Mini
Storage and Parksville Mini Storage are fixed unit storage facilities operating
in conjunction with high margin Canadian PUPS portable storage franchises at
each location. StorageVault operates Canadian PUPS in Saskatoon as a stand-alone
portable storage franchise. StorageVault also manages five self-storage
facilities in southern Ontario and intends to continue to grow its business
through the acquisition of additional self-storage properties, and organically
as master franchisee through the development of Canadian PUPS portable storage
facilities in Canada.


Forward-Looking Information: This news release may contain certain
forward-looking information. All statements included herein, other than
statements of historical fact, are forward-looking information and such
information involves various risks and uncertainties. There can be no assurance
that such information will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such information. A
description of assumptions used to develop such forward- looking information and
a description of 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
StorageVault Canada Inc.
Mr. Alan Simpson
3603 Selinger Crescent
Regina, Saskatchewan S4V 2H7
(306) 536-3771

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