SVI Storagevault Canada Inc

STORAGEVAULT CANADA INC. ("StorageVault") (TSX VENTURE:SVI) announced today
that, subject to regulatory approval, it has granted a total of 400,000 options
to purchase common shares of StorageVault to the directors and officers of
StorageVault, with an exercise price of $0.33 and an expiry date of June 19,
2024. StorageVault has determined that there are exemptions available from the
various requirements of TSX Venture Policy 5.9 and Multilateral Instrument
61-101 for the issuance of these options (Formal Valuation - Issuer Not Listed
on Specified Markets; Minority Approval - Fair Market Value Not More Than
$2,500,000).


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 and Edmonton.
Trans Can Mini-Stor, Kenaston Self Storage, B&B Mini Storage, Parksville Mini
Storage, Airport Road Self 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 Portable
Storage in Saskatoon and Edmonton as stand-alone portable storage franchises.
StorageVault 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
StorageVault Canada Inc.
Mr. Alan Simpson
(306) 536-3771
simpson@storagevaultcanada.com


StorageVault Canada Inc.
3603 Selinger Crescent
Regina, Saskatchewan S4V 2H7

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