Dec 23 (Reuters) - Storage Vault Canada Inc SVI.V :
* Remainder of purchase price being paid with funds on hand and first mortgage financing
* Storage Vault Canada- purchase price is payable by issuance of $4 million of common shares of StorageVault at a deemed price of $1.50 per common share
* StorageVault to acquire 5 stores in the prairies for $22,000,000; closes previously announced purchase of 5 stores in Ontario and Quebec for $66,850,000; issues options Source text for Eikon: ID:nCCN5RqL1F Further company coverage: SVI.V