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Parkit Enterprise Inc TSX Venture: PKT-X

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Latest Press Releases

Parkit: Correction to News Release Dated February 17, 2021
- Newsfile Corp - Wed Feb 17, 8:15PM CST
Newsfile Corp - CMTX
Wed Feb 17, 8:15PM CST
Toronto, Ontario--(Newsfile Corp. - February 17, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), announces that the original news release captioned "Parkit Completes $69 Million Bought Deal Private Placement Financing and $15 Million Concurrent Non-Brokered Private Placement" published on February 17, 2021 referred, incorrectly, to Mr David Delaney having control of Delaney Capital Management Ltd. Mr. Delaney has no control over Delaney Capital Management Ltd. The number of shares of Parkit over which Mr. Delaney has control as referenced in the original news release is correct but such shares are held by Mr. Delaney personally and not through any control of Delaney Capital Management Ltd.
Parkit Completes $69 Million Bought Deal Private Placement Financing and $15 Million Concurrent Non-Brokered Private Placement
- Newsfile Corp - Wed Feb 17, 3:31PM CST
Newsfile Corp - CMTX
Wed Feb 17, 3:31PM CST
Toronto, Ontario--(Newsfile Corp. - February 17, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("" or the "") is pleased to announce that it has closed its previously announced (see press releases dated January 26, 2021) bought deal private placement (the "") and the concurrent non-brokered private placement (the "" and together with the Bought Deal Offering, the "") of an aggregate of 88,421,058 common shares of the Company ("") at a price of $0.95 per Common Share.
IIROC Trading Resumption - PKT
- PR Newswire - Wed Jan 27, 7:55AM CST
PR Newswire - PRNW
Wed Jan 27, 7:55AM CST
VANCOUVER, BC , Jan. 27, 2021 /CNW/ - Trading resumes in:
Parkit Announces Increase to Bought Deal Private Placement Financing to $60 Million
- CNW Group - CND - Tue Jan 26, 8:13PM CST
CNW Group - CND - CMTX
Tue Jan 26, 8:13PM CST
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
IIROC Trading Halt - PKT
- PR Newswire - Tue Jan 26, 2:53PM CST
PR Newswire - PRNW
Tue Jan 26, 2:53PM CST
VANCOUVER, BC , Jan. 26, 2021 /CNW/ - The following issues have been halted by IIROC:
Parkit Announces $50 Million Bought Deal Private Placement Financing and up to $15 Million Concurrent Private Placement
- CNW Group - CND - Tue Jan 26, 2:35PM CST
CNW Group - CND - CMTX
Tue Jan 26, 2:35PM CST
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Parkit Enterprise Announces Purchase of 5610 Finch Ave East
- Newsfile Corp - Mon Jan 25, 4:24PM CST
Newsfile Corp - CMTX
Mon Jan 25, 4:24PM CST
Toronto, Ontario--(Newsfile Corp. - January 25, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Purchase Agreement"), with a private company (the "Vendor"), pursuant to which Parkit has agreed to purchase one property, located at 5610 Finch Ave East, Toronto, Ontario (the "Property"), for an aggregate purchase price of $12,250,000, subject to customary adjustments (the "Proposed Acquisition"). It is anticipated that the Proposed Acquisition will be financed through existing cash resources and a mortgage on the Property. The Vendor is not a related party to Parkit and the Proposed Acquisition constitutes an arm's length transaction for the purposes of the ‎TSX Venture Exchange ("TSXV") policies. It is anticipated that the Proposed Acquisition will be completed on or before March 31, 2021.
Parkit Enterprise Completes $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement and Announces Board Changes
- Newsfile Corp - Tue Dec 29, 4:43PM CST
Newsfile Corp - CMTX
Tue Dec 29, 4:43PM CST
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2020) -  (TSXV: PKT) (OTC: PKTEF) ("") 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 ""), for an aggregate purchase price of $36,250,000. Concurrent with the closing of the acquisitions, Parkit also completed its previously announced $10,000,000 private placement of common shares. In connection with the completion of these transactions, Parkit's board was reconstituted with the addition of Steven Scott, Iqbal Khan and Julie Neault. It is anticipated that Blair Tamblyn will be proposed as a nominee for election as a director of Parkit at its upcoming annual meeting of shareholders. Biographies of each of the directors can be found in Parkit's November 24, 2020 press release. In connection with these additions, Brad Miller and Elie Norowitz have resigned from the Parkit board.
Parkit Enterprise Announces Sale of Riccio Lot
- Newsfile Corp - Mon Dec 7, 7:01AM CST
Newsfile Corp - CMTX
Mon Dec 7, 7:01AM CST
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - (TSXV: PKT) (OTC: PKTEF) ("" or the "") 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 venture.
Parkit Enterprise Announces Proposed $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement
- Newsfile Corp - Tue Nov 24, 8:51AM CST
Newsfile Corp - CMTX
Tue Nov 24, 8:51AM CST
Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - (TSXV: PKT) (OTC Pink: PKTEF) ("") has entered into an asset purchase agreement dated November 24, 2020 (the ""), with two private companies (collectively, referred to as the ""), pursuant to which Parkit has agreed to purchase two properties, located at 5600 Finch Ave East, Toronto, Ontario and 4390 Paletta Court, Burlington, Ontario (the ""), for an aggregate purchase price of $36,250,000, subject to customary adjustments (the ""). The Vendors are not related parties to Parkit and the Proposed Acquisition constitutes an Arm's Length Transaction for the purposes of the ‎TSX Venture Exchange ("") policies. Concurrent with the closing of the Proposed Acquisition, Parkit also intends to complete a $10,000,000 private placement of Common Shares as more fully described below.

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