SVI Storagevault Canada Inc

STORAGEVAULT CANADA INC. ("StorageVault") (TSX VENTURE:SVI) Further to a press
release dated January 9, 2013, StorageVault is pleased to announce that it has
completed the acquisition of all the assets and business (collectively the
"Acquisition") of Airport Road Self Storage, a self-storage facility located in
London, Ontario.


The purchase price for the Acquisition was $2,575,000 (subject to customary
adjustments). After standard customary adjustments and property transfer tax the
purchase price was comprised of cash deposits of $50,000, and a final cash
payment of $2,525,000. The Acquisition is subject to Final Acceptance of the TSX
Venture Exchange.


About the London Self-Storage Facility

Airport Road Self Storage has approximately 50,000 square feet of rentable
self-storage space together with outdoor space for storage of vehicles.
StorageVault intends to develop and operate a PUPS portable storage business in
London in conjunction with the acquisition of the self-storage facility.


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, Parksville Mini Storage and Space Place Self Storage are fixed unit
storage facilities operating in conjunction with 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, is 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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