Vendors”) for an aggregate purchase price of $29,450,000, subject to customary adjustments (the “
Acquisitions”). One of the Acquisitions is arm’s length and one for $27,750,000 is a related party acquisition (the
“Related Party Acquisition”) with Access Self Storage Inc. or its affiliates or associates (collectively, “
Access”) as the Vendor. It is anticipated that the Acquisitions will close in Q2 2021.
One asset is located in Ontario and the other in Alberta. These Acquisitions are incremental to the previously announced transactions as disclosed on March 3, 2021 and April 1, 2021.
Purchase Price and Payment
The aggregate purchase price is $29,450,000, subject to adjustments, and is payable by the issuance of an aggregate of up to approximately $4,000,000 of StorageVault common shares to certain of the Vendors based on an agreed upon VWAP ending two days prior to closing, with the remainder of the aggregate purchase price being paid with funds on hand and mo
StorageVault to Acquire 2 Storage Locations for $29 45 Million
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Paleo Resources Announces Closing of Shares for Debt Transaction
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Parkit Enterprise Inc.: Parkit Announces $28.5 Million Industrial Real Estate Acquisition
Toronto, Ontario (Newsfile Corp. - March 11, 2021) -
PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ( Parkit or the Company ) is pleased to announce that it has agreed to acquire a property located in Ottawa, Ontario (the Property ) for an aggregate purchase price of $28,500,000, subject to customary adjustments (the Proposed Acquisition ). The vendor of the Property, Access Self Storage Inc. (the Vendor ), is a related party to Parkit and the Proposed Acquisition constitutes a non-arm s length transaction. It is anticipated that the Proposed Acquisition will be completed on March 18, 2021, concurrent with the anticipated closing of the Company s previously announced private placement of common shares (see press releases dated March 1, 2021).
AUSTRALIS Completes Definitive Agreement to Acquire Green Therapeutics LLC
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Foundational Asset in AUSA s Multi-State Footprint
Acquisition Agreement Includes Resolution of Litigation by Unwinding Original Transaction
LAS VEGAS, March 12, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) today announced that, further to the Company s press release of January 5, 2021, AUSA has entered into a definitive agreement on March 11, 2021 with, among others, Green Therapeutics LLC ( GT ) and the holders of the issued and outstanding membership interests of GT concerning the acquisition of GT.
The transaction will be completed in two parts, the first being the acquisition of a subsidiary of GT (the Subsidiary ) containing a number of unregulated assets including the GT brands and certain ancillary agreements including brand licensing and management agreements. Subsequently, subject to regulatory approval, the C