StorageVault Announces Normal Course Issuer Bids for Common Shares and Debentures
StorageVault will not acquire through the facilities of the TSX more than 77,686 Common Shares, $5,423 aggregate principal amount of 2020 Debentures, $8,372 aggregate principal amount of 2021 Debentures or $51,352 aggregate principal amount 2023 Debentures, during a trading day, being 25% of the average daily trading volume of the Common Shares (310,747), 2020 Debentures ($21,692), 2021 Debentures ($33,491) and 2023 Debentures ($205,411), respectively, on the TSX from September 1, 2023 until February 29, 2024, subject to certain prescribed exceptions.
- StorageVault will not acquire through the facilities of the TSX more than 77,686 Common Shares, $5,423 aggregate principal amount of 2020 Debentures, $8,372 aggregate principal amount of 2021 Debentures or $51,352 aggregate principal amount 2023 Debentures, during a trading day, being 25% of the average daily trading volume of the Common Shares (310,747), 2020 Debentures ($21,692), 2021 Debentures ($33,491) and 2023 Debentures ($205,411), respectively, on the TSX from September 1, 2023 until February 29, 2024, subject to certain prescribed exceptions.
- The stock symbol on the TSX for the Common Shares, 2020 Debentures, 2021 Debentures and 2023 Debentures is SVI, SVI.DB, SVI.DB.B and SVI.DB.C, respectively.
- The benefits to any such person whose Common Shares or Debentures are purchased would be the same as the benefits available to all other holders whose Common Shares or Debentures are purchased.
- StorageVault conducted a previous NCIB for up to 18,905,000 Common Shares, $3,750,000 2020 Debentures, $2,875,000 2021 Debentures and $5,000,000 2023 Debentures through the facilities of the TSX, which NCIB ended on March 17, 2024.