September 6, 2019

Parkit Grants Stock Options

Vancouver, British Columbia, September 6, 2019 — Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) has granted 50,000 incentive stock options to each of Steven Strauss and Avi Minkowitz, officers of the Company, exercisable at the price of $0.27 per share for a period of 5 years, vesting over the first 12 months in 4 equal quarterly instalments. This grant of options is subject to TSX Venture Exchange acceptance.

For further information please contact

David Delaney
Executive Chairman
Tel. (647) 347-8952
Email: david@parkitenterprise.com

Avi Geller
Interim Chief Executive Officer
Tel. (845) 517-2340
Email: avig@parkitenterprise.com

About PARKIT

Parkit Enterprise Inc. is engaged in the acquisition, optimization and asset management of income producing parking facilities across the United States and Canada. The Company’s shares are listed on TSX-V (Symbol: PKT) and on the OTCQX (Symbol: PKTEF).

Neither 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.