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2020 News

December 29, 2020

Parkit Enterprise Completes $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement and Announces Board Changes

Vancouver, British Columbia — PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) (“Parkit“) is pleased to announce that it has completed its previously announced (see press release dated November 24, 2020) acquisition of two industrial properties, one located at 5600 Finch Ave East, Toronto, Ontario and the other at 4390 Paletta Court, Burlington, Ontario (the “Properties“), for an...

December 7, 2020

Parkit Enterprise Announces Sale of Riccio Lot

PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) (“Parkit” or the “Company“) today announced that the Riccio parking lot in Connecticut, USA, which was held within the OP Holdings Joint Venture, has been disposed of at a price of USD $4,550,000. Parkit’s share of the proceeds is approximately USD $2,000,000 with such funds remaining in the joint...

November 24, 2020

Parkit Enterprise Announces Proposed $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement

Toronto, Ontario–(Newsfile Corp. – November 24, 2020) – PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC Pink: PKTEF) (“Parkit“) has entered into an asset purchase agreement dated November 24, 2020 (the “Purchase Agreement“), with two private companies (collectively, referred to as the “Vendors“), pursuant to which Parkit has agreed to purchase two properties, located at 5600 Finch Ave East, Toronto,...

July 3, 2020

Parkit Enterprise Releases Q2 2020 Results

Vancouver, British Columbia, July 03, 2020 — Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTC: PKTEF) has recently filed its interim financial statements and management discussion and analysis for the quarter ended April 30, 2020 (“Q2 2020”) on SEDAR (  The financial highlights for the period include the following:  “COVID-19 has negatively impacted...