July 28 (Reuters) - Storagevault Canada Inc SVI.V
* Storagevault canada inc. announces increase to previously announced bought deal offering from $35 million to $50 million in gross proceeds
* Upsized its previously announced offering of common shares to 58.8 million shares at a price of $0.85 per share
* Proceeds to be used to fund acquisitions, pay down debt outstanding under current credit facilities Source text for Eikon: ID:nCCN9vDcJH Further company coverage: SVI.V
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