News Releases
2021 News
December 16, 2021
Parkit Completes $18,000,000 Acquisition Of 1485 Speers Rd, Oakville, On
Toronto, Ontario – PARKIT ENTERPRISE INC. (TSXV: PKT) (“Parkit“) is pleased to announce that, further to its November 22, 2021 news release, it has completed the acquisition of 1485 Speers Rd, Oakville, Ontario. Acquisition of 1485 Speers Rd, Oakville, OntarioParkit acquired 1485 Speers Rd, Oakville, Ontario (the “Property“) for an aggregate purchase price of $18,000,000 (the...
November 22, 2021
Parkit To Acquire $18,000,000 Oakville, Ontario Property
Acquisition of Property Parkit has entered into an asset purchase agreement, with an arms length vendor (the “Vendor“), pursuant to which Parkit has agreed to acquire 1485 Speers Road, Oakville, Ontario (the “Property“) for an aggregate purchase price of $18,000,000, subject to customary adjustments (the “Acquisition“). It is anticipated that the Acquisition will be completed...
November 15, 2021
Parkit Enterprise Reports 2021 Third Quarter Results
Toronto, Ontario – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Company“) reported the Company’s third quarter results. Steven Scott, Chair, commented: “Parkit has continued its transition into an industrial real estate platform as it grows its revenues and net rental income, advances its development properties, and continues to find accretive industrial asset acquisitions. Parkit has completed a total...
October 14, 2021
Parkit Completes Acquisition Of Neighbouring Industrial Property In Toronto, Ontario
PARKIT ENTERPRISE INC. (TSXV: PKT) (“Parkit“) is pleased to announce that, further to its August 12, 2021 press release, it has completed the acquisition of a neighbouring industrial property in Toronto, Ontario. Acquisition of 720 Tapscott Road and Expansion Parkit acquired 720 Tapscott Road, Toronto (the “Property“) for an aggregate purchase price of $3,600,000 (the “Acquisition“). The...
October 6, 2021
Parkit Completes Acquisition Of Ottawa Property
PARKIT ENTERPRISE INC. (TSXV: PKT) (“Parkit“) is pleased to announce that, further to its August 25, 2021 press release, it has completed the acquisition of a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit acquired 1151 Parisien St, Ottawa (the “Property“) for an aggregate purchase price of $13,250,000 (the “Acquisition“). The Property is approximately 75,000...
August 25, 2021
Parkit To Acquire $13,250,000 Ottawa Property
TORONTO, Aug. 25, 2021 — PARKIT ENTERPRISE INC. (“Parkit”) (PKT-TSXV) is pleased to announce that it has agreed to acquire a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with an arms length vendor (the “Vendor”), pursuant to which Parkit has agreed to acquire a property in...
August 17, 2021
Parkit Enterprise Reports 2021 Second Quarter Results
Toronto, Ontario – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Company“) reported the Company’s second quarter results. Steven Scott, Chair, commented: “Parkit continues its transition to a focused industrial real estate platform and makes progress towards expanding existing properties.” 2021 Second Quarter Results and Recent Business Highlights Financial Information A summary of the results of operations for the...
August 12, 2021
Parkit Announces Acquisition Of Neighbouring Industrial Property In Toronto, Ontario For $3.6 Million And Completion Of Continuance To Ontario
Toronto, Ontario — August 12, 2021 – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV:PKT), is pleased to announce the proposed purchase of a neighbouring industrial real estate asset and that it has filed its articles of continuance to continue Parkit out of the Province of British Columbia and into the Province of Ontario under...
July 7, 2021
Parkit Completes The Purchase Of Ottawa Property
Toronto, Ontario – July 7, 2021 – Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) (“Parkit” or the “Company“) is pleased to announce that it has completed its previously announced (see press release dated June 28, 2021) arm’s length purchase of 415 Legget Drive, Ottawa, Ontario (the “Property“). Ottawa Property Purchase The Property is currently 200,000...
July 2, 2021
Parkit Announces Grant Of Options
Toronto, Ontario – Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) (“Parkit” or the “Company“), announced today that certain officers and directors have been issued an aggregate of 3,695,000 options pursuant to the Company’s option plan effective June 30, 2021 with each such option being exercisable into one common share at an exercise price of $1.50 at any...
June 28, 2021
Parkit Announces Acquisition Of $24,500,000 Ottawa Property And Change In Management
Toronto, Ontario — June 28, 2021 – Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) (“Parkit” or the “Company“) is pleased to announce the purchase of an Ottawa property and a change in management. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with a private company, pursuant to which Parkit has agreed...
May 26, 2021
Parkit Enterprise Reports First Quarter 2021 Financial Results
Toronto, Ontario–(Newsfile Corp. – May 26, 2021) – Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) (“Parkit” or the “Company“), an industrial real estate growth vehicle and parking platform, is pleased to highlight recent business activity and provides its financial results for the first quarter ended March 31, 2021. “We continue to execute on our transition to an...