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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...
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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...
May 2, 2023
Parkit Acquires the Remaining 50% Interest in its Nashville, TN, Parking Asset
Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce that it has completed the acquisition of the remaining 50% interest in Fly Away Airport Parking in Nashville Tennessee from an arm’s length vendor (the “Vendor”) for an aggregate purchase price of $3,550,000 USD, subject to customary adjustments (the “Acquisition”). With this Acquisition, Parkit now...
March 29, 2023
Parkit Enterprise Reports Fiscal 2022 Annual Results; Highlighting Acquisitions; Provides 2023 Outlook
Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Company”), today reported the Company’s full year 2022 audited results. Steve Scott, Chair of Parkit, commented: “In fiscal 2022, Parkit continued to build the foundation for growth by executing on operations and by closing on $57.9 million in disciplined accretive acquisitions. Looking ahead, we started fiscal 2023 by closing...
March 21, 2023
Parkit Announces Normal Course Issuer Bid
Toronto, Ontario – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Corporation“) 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 24, 2023, up to 11,692,258 of the outstanding common shares of the...
March 20, 2023
Parkit Completes Acquisition of $90.3 Million Portfolio of 10 Industrial Assets in Winnipeg and Saskatchewan
Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce that, further to its January 16th, 2023 news release, it has completed the acquisition of a portfolio of 10 industrial properties located in Winnipeg and Saskatchewan (the “Portfolio”), from an arm’s length vendor (the “Vendor”) for an aggregate purchase price of $90,250,000, subject to customary...
January 19, 2023
Parkit Announces Grant of Options
Toronto, Ontario – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit”), announced today certain directors, officers, employees and consultants have been issued an aggregate of 3,525,000 options pursuant to Parkit’s option plan with an effective date of January 19, 2023, with each such option being exercisable into one common share at an exercise price of $1.05 at any time on or...
January 16, 2023
Parkit to Acquire $90.3MM Portfolio of 10 Industrial Assets in Winnipeg and Saskatchewan
Toronto, Ontario – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit”), has entered into an asset purchase agreement (the “Purchase Agreement“), with two private entities (collectively, the “Vendor“), pursuant to which Parkit has agreed to purchase a portfolio of 10 industrial properties located in Winnipeg and Saskatchewan (the “Portfolio“), for an aggregate purchase price of $90,250,000, subject to customary adjustments...
November 14, 2022
Parkit Enterprise Reports 2022 Q3 Results
TORONTO, Nov. 14, 2022 — Parkit Enterprise Inc. (“Parkit” or the “Corporation”) (TSXV: PKT), today reported the Corporation’s third quarter 2022 results. Steve Scott, Chair of Parkit, commented: “To date, Parkit continues its leasing momentum with significant renewals and maintains its focus on operations with improving margins. The Company continues to build the foundation for growth...
August 8, 2022
Parkit Enterprise Reports 2022 Q2 Results
Toronto, Ontario — August 8, 2022) – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Corporation”), today reported the Corporation’s second quarter 2022 results. Steve Scott, Chair of Parkit, commented: “To date, Parkit has completed $57.3 million in accretive acquisitions and continues to advance its leasing activity by completing another renewal with significant rental growth. The company continues...