News Releases
2022 News
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...
June 21, 2022
Parkit Enterprise Announces AGSM Results
TORONTO, June 21, 2022 — Parkit Enterprise Inc. (“Parkit” or the “Corporation”) (TSXV: PKT), is pleased to announce that all matters set forth in the management proxy and information circular dated May 16, 2022, setting the number of directors to be elected at the meeting at six, the election of the Board of Directors, the appointment...
May 25, 2022
Parkit Enterprise Reports 2022 Q1 Results; And Completes Acquisition Of Ottawa Property
Toronto, Ontario — Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Corporation”), today reported the Corporation’s first quarter 2022 results. Steve Scott, Chair of Parkit, commented: “Year to date, Parkit firmed up its capital position with the addition of $55 million in financing, advanced its leasing activity by signing two new leases, and by completing $57.3 million in...
May 12, 2022
Parkit Completes Acquisition Of Two Industrial Assets For $22,680,000
Toronto, Ontario — Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Company”), is pleased to announce that, further to its April 25th, 2022 news release, it has completed the acquisition of two industrial assets from two vendor groups (collectively, the “Vendors“) for an aggregate purchase price of $22,680,000, subject to customary adjustments (the “Acquisitions“). One of the Acquisitions is...
April 29, 2022
Parkit Enterprise Reports Fiscal 2021 Annual Results; Highlighting Transition To Industrial, $105.9 Million In Acquisitions; Provides 2022 Outlook
Toronto, Ontario — April 29, 2022 – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Corporation”), today reported the Corporation’s full year 2021 audited results. Steve Scott, Chair of Parkit, commented: “In 2021, Parkit continues to build the foundation for growth by executing on operations and by closing on $105.9 million in disciplined accretive acquisitions. Looking ahead, we...
April 25, 2022
Parkit To Acquire Three Industrial Assets For $40.3 Million
Toronto, Ontario — April 25, 2022 – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit”), has agreed to acquire three industrial assets from three vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $40,280,000, subject to customary adjustments (the “Acquisitions”). Two of the Acquisitions are arm’s length and one is non-arm’s length with SRS Realty...
March 14, 2022
Parkit Announces Normal Course Issuer Bid
Toronto, Ontario — March 14, 2022 – 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 conduct a Normal Course Issuer Bid (“NCIB“) to purchase for cancellation, during the 12-month period starting March 18, 2022, up to 11,723,184 of the outstanding common shares...
February 22, 2022
Parkit To Acquire Two Industrial Assets For $17,000,000; Issues Options
TORONTO, Feb. 22, 2022 — Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that, further to its January 4th, 2022 news release, it has completed the acquisition of two industrial assets from two vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $17,000,000, subject to customary adjustments (the “Acquisitions”). Both...
January 4, 2022
Parkit To Acquire Two Industrial Assets For $17,000,000; Issues Options
Toronto, Ontario — Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Company”), has agreed to acquire two Class A located industrial assets from two vendor groups (collectively, the “Vendors“) for an aggregate purchase price of $17,000,000, subject to customary adjustments (the “Acquisitions“). Both Acquisitions are arm’s length. It is anticipated that the Acquisitions will close in Q1 2022. The...