Less Mess Storage Inc. Announces Issuance of Stock Options


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TSX.V:LMS
07/31/2014 [ACCESSWIRE]

Vancouver, BC / ACCESSWIRE / July 31, 2014 / Less Mess Storage Inc. (“Less Mess” or the “Company”) (TSX-V: LMS) today announced that it has granted 100,000 incentive stock options to a member of its board of directors. The options are fully vested and are exercisable at $1.00 per share for five years from the date of grant. The grant of options is subject to the provisions of the Company’s stock option plan, the policies of the TSX Venture Exchange and applicable securities laws.

About the Company

Less Mess Storage Inc. owns and operates the largest self-storage chain in Central and Eastern Europe, with a portfolio of five stores, two in Warsaw (both freehold) and three in Prague (two freehold, one leasehold), offering over 180,000 square feet of net lettable area. Total revenues in 2013 were over $4 million and average store occupancy was approximately 80%. The Company plans to add additional stores and rentable space in Warsaw and Prague in the future. The Company's registered and records office is located in Vancouver, British Columbia, its operations head office is located in Warsaw, Poland, and it also has offices in Prague, Czech Republic.

For further information, please refer to the Company's disclosure record on SEDAR (http://www.sedar.com/) or contact the Company by telephone at 778.999.7030.

ON BEHALF OF THE BOARD

Guy Pinsent, President and CEO

Less Mess Storage Inc.                                                
Peter Smith                                                                  
VP Corporate Development                                        
Phone: (778) 999-7030                                                 

The Howard Group Inc. (Investor Relations)
Jeff Walker
Vice President
Phone: (888) 221-0915

This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company’s business, plans, outlook and business strategy. The words “may”, “would”, “could”, “should”, “will”, “likely”, “expect,” “anticipate,” “intend”, “estimate”, “plan”, “forecast”, “project” and “believe” or other similar words and phrases are intended to identify forward-looking information.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: changes in economic conditions or financial markets; changes in prices for the Company’s products and services; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties; and labour relations matters.

This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Except as required by law, the Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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.

 

Source: Less Mess Storage Inc.

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