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December 19, 2024
Parkit Completes Acquisition of Industrial Asset in Ottawa
Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce it has completed the acquisition of one industrial asset from an arm’s length vendor (the “Vendor”), for an aggregate purchase price of $9,500,000, subject to customary adjustments (the “Acquisition”). 1650 Comstock Rd, Ottawa, Ontario The Acquisition consisted of 1650 Comstock Rd, Ottawa, Ontario (the “Property”)....
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November 7, 2024
Parkit Enterprise Reports Q3 2024 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to report its third quarter 2024 results. Steven Scott, Chair of Parkit, commented: “Parkit continued to grow its net rental income and margins in Q3 2024, resulting in a same property NOI increase of 16% for the quarter. We renewed 70,000 square feet of...
August 9, 2024
Parkit Enterprise Reports Q2 2024 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to report its second quarter 2024 results. Steven Scott, Chair of Parkit, commented: “Parkit closed its previously announced acquisition in Winnipeg, MB and continued to grow its net rental income and margins in Q2 2024, resulting in a same property NOI increase of 16%...
May 7, 2024
Parkit Enterprise Reports Q1 2024 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2024 results. Steve Scott, Chair of Parkit, commented: “Parkit continued to improve its net rental income and margins through successful negotiations with existing and new tenants and by integrating the $100 million of assets purchased last year. Subsequent to Q1,...
April 3, 2024
Parkit Completes Acquisition of Industrial Asset in Winnipeg
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that, further to its November 15, 2023 news release, it has completed the acquisition of one industrial asset from a vendor (“Vendor”) for an aggregate purchase price of $6,300,000, subject to customary adjustments (the “Acquisition”). 961-975 Sherwin Rd, Winnipeg, Manitoba The...
March 25, 2024
Parkit Announces Normal Course Issuer Bid
PARKIT ENTERPRISE INC. (“Parkit” or the “Corporation”) (PKT-TSX-V) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid (“NCIB”) to purchase for cancellation, during the 12-month period starting March 28, 2024, up to 11,394,158 of the outstanding common shares of the Corporation (the...
March 7, 2024
Parkit Enterprise Reports Fiscal 2023 Annual Results; Highlighting Acquisitions; Provides 2024 Outlook
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s full year 2023 audited results. Steve Scott, Chair of Parkit, commented: “Parkit continued to improve its net rental income and margins by integrating the $100 million of assets purchased this year and through successful negotiations with existing and new tenants. With 97%...
December 29, 2023
Parkit Announces Grant of Options
Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT) announced today that certain directors, officers, employees and consultants have been issued an aggregate of 2,228,500 options pursuant to Parkit’s option plan, with each such option being exercisable into one common share at an exercise price of $0.63 at any time on or before the tenth anniversary of its...
November 15, 2023
Parkit to Acquire Industrial Asset in Winnipeg
Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), has agreed to acquire an industrial building located in Winnipeg, Manitoba (the “Property”) from a vendor (the “Vendor”), for an aggregate purchase price of $6,500,000, subject to customary adjustments (the “Acquisition”). The Vendor is not a related party to Parkit and the Acquisition constitutes an Arm’s Length Transaction for...
November 9, 2023
Parkit Enterprise Reports Q3 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s third quarter 2023 results. Steve Scott, Chair of Parkit, commented: “In Q3, Parkit achieved significant revenue and net rental income growth through successful negotiations with new and existing tenants by integrating the 10 industrial assets purchased this year. With 95% of our...
August 16, 2023
Access Results Management Services Inc. Purchases 3,000,000 Common Shares of Parkit Enterprise Inc.
Toronto, Ontario–(Newsfile Corp. – August 16, 2023) – PARKIT ENERPRISE INC. (TSXV: PKT) (“Parkit“) announced today that it understands that Access Results Management Services Inc. (“ARMS“) has acquired 3,000,000 common shares in the capital of Parkit on the open market through the facilities of Omega ATS (“Common Shares“) at a price of $0.68 per Common Share, representing...
August 4, 2023
Parkit Enterprise Reports Q2 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s second quarter 2023 results. Steve Scott, Chair of Parkit, commented: “In Q2, Parkit continued to streamline operations for its properties, signed a new lease and completed the acquisition of the remaining 50% interest in one of its parking assets providing full control...
May 11, 2023
Parkit Enterprise Reports Q1 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2023 results. Steve Scott, Chair of Parkit, commented: “In Q1 Parkit closed on a $90.3 million portfolio in Winnipeg and Saskatchewan, continued to streamline operations on its properties and advance its leasing activities. The new portfolio adds significant scale by...