StorageVault Announces Filing of Short Form Prospectus

Executive Summary

• StorageVault Canada Inc. announced receipt of the final short‑form prospectus for its listed senior unsecured hybrid debentures due December 31, 2030, targeting gross proceeds of C$50 million.
• The offering remains subject to customary regulatory approvals, including final approval by the Toronto Stock Exchange (TSX).
• The securities are not registered in the United States and may only be offered to non‑U.S. persons under an exemption.

Key Details

• Offering Size: Gross proceeds of C$50 million from senior unsecured hybrid debentures due 31 Dec 2030.
• Prospectus Status: Final short‑form prospectus filed with securities regulators in all Canadian provinces; receipt confirmed as of this release.
• Regulatory Conditions: Closing pending customary approvals, notably final TSX listing approval.
• Distribution Method: “Access equals delivery” – prospectus available on SEDAR+ and through CIBC Capital Markets and Scotiabank equity capital markets contacts.
• U.S. Restrictions: Securities not registered under the U.S. Securities Act of 1933; cannot be offered, sold, or delivered in the United States or to “U.S. persons” except via exemption.
• Use of Proceeds (implied): Not explicitly stated in this release; typical for such offerings is general corporate purposes, debt refinancing, and growth initiatives.

Notable Quotes

(No executive quotes were included in the release.)