StorageVault Announces Maximum $1,750,000 Private Placement Financing

STORAGEVAULT CANADA INC. ("StorageVault") (TSX VENTURE:SVI) is pleased to
announce that StorageVault intends to complete a non-brokered private placement
of a combination of half warrant units (each, a "Half Warrant Unit") and full
warrant units (each, a "Full Warrant Unit") at a price of $0.30 per either a
Half Warrant Unit or a Full Warrant Unit for aggregate gross proceeds of a
minimum of $1,000,000 (3,333,334 units) and a maximum of $1,750,000 (5,833,334
units) (collectively, the "Offering"). Each Half Warrant Unit will be comprised
of one common share ("Common Share") in the share capital of StorageVault and
one-half (1/2) of one Common Share purchase warrant (a "$0.35 Warrant") with
each whole $0.35 Warrant being exercisable for four years from the closing of
the Offering into one Common Share at an exercise price of $0.35 per share. Each
Full Warrant Unit will be comprised of one common share ("Common Share") in the
share capital of StorageVault and one full Common Share purchase warrant (a
"$0.37 Warrant") with each whole $0.37 Warrant being exercisable for four years
from the closing of the Offering into one Common Share at an exercise price of
$0.37 per share. StorageVault will only be issuing a maximum of $750,000 of Full
Warrant Units pursuant to the Offering (a maximum of 2,500,000 Full Warrant
Units). Closing of the Offering is anticipated to occur on or around
mid-January, 2014.


Proceeds of the Offering will be used for the continued expansion of PUPS
Portable Storage in 2014, including the launch of new locations in Edmonton AB,
and London, ON.


Anyone interested in participating in the Offering should contact StorageVault
at: simpson@storagevaultcanada.com


It is not anticipated that any new insiders will be created, nor that any change
of control will occur, as a result of the Offering. Completion of the Offering
is subject to regulatory approval, including approval of the TSX Venture
Exchange.


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, Airport Road Self Storage in London 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 Potable Storage
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.


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 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. In particular, this news
release contains forward-looking information regarding: the Offering, the
closing of the Offering and the use of proceeds of the Offering, including the
potential expansion of PUPS Portable Storage. There can be no assurance that
such forward-looking information will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such
forward-looking information. 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 market acceptance of the
Offering, the ability of StorageVault to complete the Offering in a timely
manner, TSX Venture Exchange approval of the Offering and the use of proceeds of
the Offering continuing to be acceptable and approved by the board of directors
of StorageVault, and the cost of expansion of future PUPS locations
approximating past expansion costs for PUPS locations. 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; capital market conditions and market prices
for securities and junior market securities; the actual results of
StorageVault's business operations; competition; changes in legislation,
including environmental legislation, affecting the StorageVault; timing and
availability of external financing on acceptable terms; and lack of qualified,
skilled labour or loss of key individuals. A description of additional
assumptions used to develop such forward-looking information and 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. Accordingly, readers should not place undue reliance on
forward-looking information. StorageVault does not undertake to update any
forward-looking information except in accordance with applicable securities
laws.


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