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Parkit Enterprise Inc. (V:PKT)

Business Focus: Parking Lot Operators

Aug 08, 2022 04:30 pm ET
Parkit Enterprise Reports 2022 Q2 Results
Toronto, Ontario--(Newsfile Corp. - 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:
Jun 21, 2022 05:09 pm ET
Parkit Enterprise Announces AGSM Results
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...
May 25, 2022 06:40 pm ET
Parkit Enterprise Reports 2022 Q1 Results; and Completes Acquisition of Ottawa Property
Toronto, Ontario--(Newsfile Corp. - May 25, 2022) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Corporation"), today reported the Corporation's first quarter 2022 results. Steve Scott, Chair of Parkit, commented:
May 12, 2022 10:39 am ET
Parkit Completes Acquisition of Two Industrial Assets for $22,680,000
Toronto, Ontario--(Newsfile Corp. - May 12, 2022) - 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 arm's length and one is non-arm's length with SRS Realty Group Inc. ("SRS"), a company wholly owned by Steven Scott, a director and chair of Parkit, as the Vendor (the "Related Party Acquisition").
Apr 29, 2022 06:29 pm ET
Parkit Enterprise Reports Fiscal 2021 Annual Results; Highlighting Transition to Industrial, $105.9 Million in Acquisitions; Provides 2022 Outlook
Toronto, Ontario--(Newsfile Corp. - 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:
Apr 25, 2022 05:00 pm ET
Parkit to Acquire Three Industrial Assets for $40.3 Million
Toronto, Ontario--(Newsfile Corp. - 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 Group Inc. ("SRS"), a company wholly owned by Steven Scott, a director and chair of Parkit, as the Vendor (the "Related Party Acquisition"). It is anticipated that the Acquisitions will close in Q2 2022.
Mar 14, 2022 12:00 pm ET
Parkit Clarifies Normal Course Issuer Bid
Toronto, Ontario--(Newsfile Corp. - March 14, 2022) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit" or the "Corporation") further to its news release of March 14, 2022, Parkit wishes to clarify that the number of shares to be purchased under the Normal Course Issuer Bid is up to 11,823,221 of the outstanding common shares of the Corporation.
Mar 14, 2022 07:00 am ET
Parkit Announces Normal Course Issuer Bid
Toronto, Ontario--(Newsfile Corp. - 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 of the Corporation (the "Common Shares"), representing 5% of the Common Shares outstanding. The program will end on March 17, 2023 unless the maximum amount of Common Shares is purchased before then or Parkit provides earlier notice of termination.
Feb 22, 2022 05:00 pm ET
Parkit completes acquisition of Two Industrial Assets for $17,000,000; Leasing Update and Change in Auditor
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...
Jan 04, 2022 05:41 pm ET
Parkit to Acquire Two Industrial Assets for $17,000,000; Issues Options
Toronto, Ontario--(Newsfile Corp. - January 4, 2022) - 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.
Dec 16, 2021 12:04 pm ET
Parkit Completes $18,000,000 Acquisition of 1485 Speers Rd, Oakville, ON
Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that, further to its November 22, 2021 news release, it has completed the acquisition of 1485 Speers Rd, Oakville, Ontario.
Nov 22, 2021 04:30 pm ET
Parkit to Acquire $18,000,000 Oakville, Ontario Property
Toronto, Ontario--(Newsfile Corp. - November 22, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that it has agreed to acquire an industrial property in Oakville, Ontario.
Nov 15, 2021 05:22 pm ET
Parkit Enterprise Reports 2021 Third Quarter Results
Toronto, Ontario--(Newsfile Corp. - November 15, 2021) - ‎Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company") reported the Company's third quarter results. Steven Scott, Chair, commented:
Oct 14, 2021 07:30 am ET
Parkit Completes Acquisition of Neighbouring Industrial Property in Toronto, Ontario
Toronto, Ontario--(Newsfile Corp. - October 14, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that, further to its August 12, 2021 press release, it has completed the acquisition of a neighbouring industrial property in Toronto, Ontario.
Oct 06, 2021 06:42 pm ET
Parkit Completes Acquisition of Ottawa Property
Toronto, Ontario--(Newsfile Corp. - October 6, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that, further to its August 25, 2021 press release, it has completed the acquisition of a class A industrial property in Ottawa.
Aug 25, 2021 08:00 am ET
Parkit to Acquire $13,250,000 Ottawa Property
PARKIT ENTERPRISE INC. (“Parkit”) (PKT-TSXV) is pleased to announce that it has agreed to acquire a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with an arms length...
Aug 17, 2021 07:20 pm ET
Parkit Enterprise Reports 2021 Second Quarter Results
Toronto, Ontario,--(Newsfile Corp. - August 17, 2021) - ‎Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company") reported the Company's second quarter results. Steven Scott, Chair, commented:
Aug 12, 2021 07:03 pm ET
Parkit Announces Acquisition of Neighbouring Industrial Property in Toronto, Ontario for $3.6 Million and Completion of Continuance to Ontario
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV:PKT), is pleased to announce the proposed purchase of a neighbouring industrial real estate asset and that it has filed its articles of continuance to continue Parkit out of the Province of...
Jul 07, 2021 08:00 am ET
Parkit Completes the Purchase of Ottawa Property
Toronto, Ontario--(Newsfile Corp. - July 7, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has completed its previously announced (see press release dated June 28, 2021) arm's length purchase of 415 Legget Drive, Ottawa, Ontario (the "Property").
Jul 02, 2021 07:30 am ET
Parkit Announces Grant of Options
Toronto, Ontario--(Newsfile Corp. - July 2, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), announced today that certain officers and directors have been issued an aggregate of 3,695,000 options pursuant to the Company's option plan effective June 30, 2021 with each such option being exercisable into one common share at an exercise price of $1.50 at any time on or before the tenth anniversary of its issuance. Each of the options vested on grant.
Jun 28, 2021 05:28 pm ET
Parkit Announces Acquisition of $24,500,000 Ottawa Property and Change in Management
Toronto, Ontario--(Newsfile Corp. - June 28, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce the purchase of an Ottawa property and a change in management.
May 26, 2021 10:37 pm ET
Parkit Enterprise Reports First Quarter 2021 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 26, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), an industrial real estate growth vehicle and parking platform, is pleased to highlight recent business activity and provides its financial results for the first quarter ended March 31, 2021.
Mar 31, 2021 10:23 pm ET
Parkit Enterprise Reports Two-Month Transitional Fiscal 2020 Results
Toronto, Ontario--(Newsfile Corp. - March 31, 2021) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit", "Company" or the "Corporation"), an industrial real estate growth vehicle and parking platform, is pleased to report the audited financial results for the two-month transitional fiscal year from November 1, 2020 to December 31, 2020 with a comparative to the audited financial statements for the twelve months ended October 31, 2020. The two-month transitional period resulted from the Company's previously announced change of its fiscal year-end to December 31 from October 31.
Mar 18, 2021 03:14 pm ET
Parkit Completes $40.3 Million Bought Deal Private Placement Financing, $1.0 Million Concurrent Non-Brokered Private Placement and Completes the Purchase of Ottawa Property for Equity and Cash Conside
Toronto, Ontario--(Newsfile Corp. - March 18, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), is pleased to announce that it has closed its previously announced (see press releases dated March 1, 2021) bought deal private placement (the "Bought Deal Offering") and the concurrent non-brokered private placement (the "Non-Brokered Offering" and together with the Bought Deal Offering, the "Offerings") of an aggregate of 27,507,332 common shares of the Company ("Common Shares") at a price of $1.50 per Common Share.
Mar 15, 2021 09:00 pm ET
Parkit Completes Acquisition of 5610 Finch Ave East
Toronto, Ontario--(Newsfile Corp. - March 15, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has completed the previously announced acquisition of 5610 Finch Ave East (the "Property"), for an aggregate purchase price of $12,250,000 plus customary closing costs. The purchase was funded with cash on hand.
Mar 11, 2021 07:07 pm ET
Parkit Announces $28.5 Million Industrial Real Estate Acquisition
Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has agreed to acquire a property located in Ottawa, Ontario (the "Property") for an aggregate purchase price of $28,500,000, subject to customary adjustments (the "Proposed Acquisition"). The vendor of the Property, Access Self Storage Inc. (the "Vendor"), is a related party to Parkit and the Proposed Acquisition constitutes a non-arm's length transaction. It is anticipated that the Proposed Acquisition will be completed on March 18, 2021, concurrent with the anticipated closing of the Company's previously announced private placement of common shares (see press releases dated March 1, 2021).
Mar 01, 2021 11:47 am ET
Parkit Announces Increase to Bought Deal Private Placement Financing of Up to $40 Million Plus $5 Million Concurrent Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Mar 01, 2021 06:12 am ET
Parkit Announces $25 Million Bought Deal Financing and $5 Million Concurrent Non-Brokered Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Feb 26, 2021 07:51 pm ET
Parkit Enterprise Reports Fiscal 2020 Annual Results; Embarks into Industrial Real Estate Growth Vehicle
Toronto, Ontario--(Newsfile Corp. - February 26, 2021) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit", "Company" or the "Corporation"), an industrial real estate growth vehicle and parking platform, is pleased to report its fourth quarter and fiscal financial results for the year ended October 31, 2020.
Feb 17, 2021 09:15 pm ET
Parkit: Correction to News Release Dated February 17, 2021
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.
Feb 17, 2021 04:30 pm ET
Parkit Completes $69 Million Bought Deal Private Placement Financing and $15 Million Concurrent Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - February 17, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") is pleased to announce that it has closed its previously announced (see press releases dated January 26, 2021) bought deal private placement (the "Bought Deal Offering") and the concurrent non-brokered private placement (the "Non-Brokered Offering" and together with the Bought Deal Offering, the "Offerings") of an aggregate of 88,421,058 common shares of the Company ("Common Shares") at a price of $0.95 per Common Share.
Jan 27, 2021 07:55 am ET
IIROC Trading Resumption - PKT
VANCOUVER, BC, Jan. 27, 2021 /CNW/ - Trading resumes in:
Jan 26, 2021 08:13 pm ET
Parkit Announces Increase to Bought Deal Private Placement Financing to $60 Million
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Jan 26, 2021 02:53 pm ET
IIROC Trading Halt - PKT
VANCOUVER, BC, Jan. 26, 2021 /CNW/ - The following issues have been halted by IIROC:
Jan 26, 2021 02:35 pm ET
Parkit Announces $50 Million Bought Deal Private Placement Financing and up to $15 Million Concurrent Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Jan 25, 2021 05:23 pm ET
Parkit Enterprise Announces Purchase of 5610 Finch Ave East
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.
Dec 29, 2020 05:43 pm ET
Parkit Enterprise Completes $36.25MM Industrial Real Estate Acquisition and $10MM Private Placement and Announces Board Changes
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2020) - 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 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.
Dec 07, 2020 08:00 am ET
Parkit Enterprise Announces Sale of Riccio Lot
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - 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 venture.
Dec 02, 2020 03:19 pm ET
IIROC Trading Resumption - PKT
VANCOUVER, BC, Dec. 2, 2020 /CNW/ - Trading resumes in:
Nov 24, 2020 09:50 am ET
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, Ontario and 4390 Paletta Court, Burlington, Ontario (the "Properties"), for an aggregate purchase price of $36,250,000, subject to customary adjustments (the "Proposed Acquisition"). 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 ("TSXV") 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.
Nov 23, 2020 02:10 pm ET
IIROC Trading Halt - PKT
VANCOUVER, BC, Nov. 23, 2020 /CNW/ - The following issues have been halted by IIROC:
Jul 03, 2020 05:10 pm ET
Parkit Enterprise Releases Q2 2020 Results
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2020) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company") has recently filed its interim financial statements and management discussion and analysis for the quarter ended April 30, 2020 ("Q2 2020") on SEDAR (www.sedar.com). The financial highlights for the period include the following:
Sep 16, 2019 04:45 pm ET
Parkit Announces Management Changes
VANCOUVER, Sept. 16, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) would like to announce that effective November 30, 2019, David Delaney will step down as Executive Chairman of the Company.  David Delaney will continue to serve on the Board of Directors of the Company and will continue to act as the Chairman of the Board of Directors.  Avi Geller will continue to act as Chief Executive Officer of the Company.
Sep 16, 2019 04:45 pm ET
Parkit Announces Management Changes
VANCOUVER, Sept. 16, 2019 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) would like to announce that effective November 30, 2019, David Delaney will step down as Executive Chairman of the Company.  David Delaney will continue to serve on the Board of Directors of the Company and will continue to act as the Chairman of the Board of Directors.  Avi Geller will continue to act as Chief Executive Officer of the Company.
Sep 06, 2019 04:45 pm ET
Parkit Grants Stock Options
VANCOUVER, Sept. 6, 2019 /CNW/ - 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.
Sep 04, 2019 04:15 pm ET
Parkit Announces Results of AGSM
VANCOUVER, Sept. 4, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it held its Annual General and Special Meeting (the "Meeting") on August 22, 2019. All of the motions proposed in the Notice of Annual General and Special Meeting dated July 16, 2019, (which was filed on SEDAR together with Management's Information Circular on July 24, 2019,) were approved by the shareholders.
Sep 04, 2019 04:15 pm ET
Parkit Announces Results of AGSM
VANCOUVER, Sept. 4, 2019 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it held its Annual General and Special Meeting (the "Meeting") on August 22, 2019. All of the motions proposed in the Notice of Annual General and Special Meeting dated July 16, 2019, (which was filed on SEDAR together with Management's Information Circular on July 24, 2019,) were approved by the shareholders.
May 30, 2019 02:21 am ET
Parkit Enterprise Inc. to Present at the 9th Annual LD Micro Invitational
VANCOUVER, May 29, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF), a real estate company engaged in the acquisition, asset management and disposition of niche real estate assets, today announced that Executive Chairman, David Delaney, will present at the 9th annual LD Micro Invitational on June 4, 2019 at 3:00 PM Pacific Time at the Luxe Hotel located at 11461 Sunset Boulevard in Los Angeles, California.  A copy of the Company's slide presentation will be available on the investor relations section of the Company's website at www.parkitenterprise
May 23, 2019 05:00 pm ET
Parkit Announces Payment of CAD $655,140 From OP Holdings JV, LLC
VANCOUVER, May 23, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has received a payment of CAD $655,140 (USD $487,854) from OP Holdings JV, LLC (the "Joint Venture").  This payment is Parkit's effective 24.39% net share of a USD $2,000,000 distribution from the Joint Venture.  The payment resulted from the release of operating cash flow from the Joint Venture.
May 23, 2019 05:00 pm ET
Parkit Announces Payment of CAD $655,140 From OP Holdings JV, LLC
VANCOUVER, May 23, 2019 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has received a payment of CAD $655,140 (USD $487,854) from OP Holdings JV, LLC (the "Joint Venture").  This payment is Parkit's effective 24.39% net share of a USD $2,000,000 distribution from the Joint Venture.  The payment resulted from the release of operating cash flow from the Joint Venture.
Mar 29, 2019 08:31 pm ET
Parkit Enterprise Releases Q1 2019 Results
VANCOUVER, March 29, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSX-V:PKT; OTCQX: PKTEF) has recently filed its interim financial statements, and management's discussion and analysis for the quarter ended January 31, 2019 ("Q1 2019") on SEDAR (www.sedar.com). The financial highlights for the period include:
Mar 29, 2019 08:31 pm ET
Parkit Enterprise Releases Q1 2019 Results
VANCOUVER, March 29, 2019 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSX-V:PKT; OTCQX: PKTEF) has recently filed its interim financial statements, and management's discussion and analysis for the quarter ended January 31, 2019 ("Q1 2019") on SEDAR (www.sedar.com). The financial highlights for the period include:
Mar 19, 2019 09:13 am ET
Parkit announces graduation from Tier 2 to Tier 1 of the TSX Venture Exchange
VANCOUVER, March 19, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has met the requirements of Tier 1 on the TSX Venture Exchange and that it will move to Tier 1 effective on Wednesday, March 20, 2019.  Tier 1 of the TSX Venture Exchange is reserved for the most advanced issuers with the most significant financial resources.
Mar 19, 2019 09:13 am ET
Parkit announces graduation from Tier 2 to Tier 1 of the TSX Venture Exchange
VANCOUVER, March 19, 2019 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has met the requirements of Tier 1 on the TSX Venture Exchange and that it will move to Tier 1 effective on Wednesday, March 20, 2019.  Tier 1 of the TSX Venture Exchange is reserved for the most advanced issuers with the most significant financial resources.
Mar 01, 2019 08:11 am ET
Parkit Enterprise Releases 2018 Annual Results
VANCOUVER, March 1, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) has recently filed its audited financial statements and management discussion and analysis for the year ended October 31, 2018 (the "Annual Filings") on SEDAR (www.sedar.com).  The financial highlights for the fiscal year include the following:
Mar 01, 2019 08:11 am ET
Parkit Enterprise Releases 2018 Annual Results
VANCOUVER, March 1, 2019 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) has recently filed its audited financial statements and management discussion and analysis for the year ended October 31, 2018 (the "Annual Filings") on SEDAR (www.sedar.com).  The financial highlights for the fiscal year include the following:
Feb 11, 2019 04:10 pm ET
Parkit Announces Receipt of CAD$561,569 from OP Holdings JV, LLC
VANCOUVER, Feb. 11, 2019 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has received a payment of CAD $561,569 (USD $423,506) from OP Holdings JV, LLC (the "Joint Venture").  This payment resulted from the release of an environmental trust that was established for the sale of Expresso Airport Parking (the "Property").  The Property was sold in October 2018 and the Department of Toxic Substances Control (California, U.S.A) released the environmental trust after the purchaser of the Property established its own environmental
Dec 20, 2018 08:17 am ET
Parkit Announces Updated Investor Presentation
/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Dec 18, 2018 03:14 pm ET
Parkit Announces Closing of Rights Offering
NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Dec 13, 2018 03:15 pm ET
Parkit announces non-brokered private placement
/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 07, 2018 05:23 pm ET
Parkit Announces Rights Offering
/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Oct 30, 2018 03:39 pm ET
Parkit Appoints Avi Geller as Interim CEO
VANCOUVER, Oct. 30, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has appointed Avi Geller as interim Chief Executive Officer of the Company.  Avi will work with David Delaney, Executive Chairman, to source new investments, monetize the existing portfolio of assets, and oversee the general affairs of the business.  The Board of Directors is excited to welcome Avi, a major shareholder, to this position at the Company.  The Company is committed to harvesting the value within its existing portfolio and to redeploying its
Oct 30, 2018 03:39 pm ET
Parkit Appoints Avi Geller as Interim CEO
VANCOUVER, Oct. 30, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has appointed Avi Geller as interim Chief Executive Officer of the Company.  Avi will work with David Delaney, Executive Chairman, to source new investments, monetize the existing portfolio of assets, and oversee the general affairs of the business.  The Board of Directors is excited to welcome Avi, a major shareholder, to this position at the Company.  The Company is committed to harvesting the value within its existing portfolio and to redeploy
Oct 19, 2018 03:14 pm ET
Parkit announces completion of 15% IRR hurdle within the OP Holdings JV LLC
VANCOUVER, Oct. 19, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is extremely pleased to announce it has reached its 15% IRR target owed to the Managing Member of the OP Holdings JV LLC (the "Joint Venture").  This occurred due to the sale of Expresso Airport Parking (the "Sale").  Due to the fulfillment of this 15% IRR hurdle, cash flows from future sales and refinances within the Joint Venture will flow to PAVe, an entity in which Parkit has an 82.43% interest, until PAVe has received a 15% IRR.  PAVe is a 29.45% equity member of OP Holdings JV
Oct 19, 2018 03:14 pm ET
Parkit announces completion of 15% IRR hurdle within the OP Holdings JV LLC
VANCOUVER, Oct. 19, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is extremely pleased to announce it has reached its 15% IRR target owed to the Managing Member of the OP Holdings JV LLC (the "Joint Venture").  This occurred due to the sale of Expresso Airport Parking (the "Sale").  Due to the fulfillment of this 15% IRR hurdle, cash flows from future sales and refinances within the Joint Venture will flow to PAVe, an entity in which Parkit has an 82.43% interest, until PAVe has received a 15% IRR.  PAVe is a 29.45% equity member of OP Holdi
Oct 09, 2018 08:25 pm ET
Parkit Announces Completion of Sale of JV Asset
VANCOUVER, Oct. 9, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that its previously disclosed (see press release dated October 4, 2018) sale of one of the single purpose entities held by OP Holdings JV LLC (the "Joint Venture") (a joint venture in which Parkit has an equity interest) has closed.  The single purpose entity owned the Expresso Airport Parking property and was acquired by the Joint Venture in 2015 (consisting of an equity investment of US $7 million), and was sold for approximately US $36.1 million.  When including the incom
Oct 09, 2018 08:25 pm ET
Parkit Announces Completion of Sale of JV Asset
VANCOUVER, Oct. 9, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that its previously disclosed (see press release dated October 4, 2018) sale of one of the single purpose entities held by OP Holdings JV LLC (the "Joint Venture") (a joint venture in which Parkit has an equity interest) has closed.  The single purpose entity owned the Expresso Airport Parking property and was acquired by the Joint Venture in 2015 (consisting of an equity investment of US $7 million), and was sold for approximately US $36.1 million.  When including th
Oct 04, 2018 04:45 pm ET
Parkit announces sale of JV asset
VANCOUVER, Oct. 4, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that one of the single purpose entities held by OP Holdings JV LLC (the "Joint Venture") is under a purchase and sale contract.  The Company is awaiting confirmation from the Joint Venture of the closing of the transaction. The property owned by the single purpose entity was bought by the Joint Venture in 2015 (consisting of an equity investment of US $7 million), and is under contract to be sold for approximately US $36.1 million.  When including the income received from th
Oct 04, 2018 04:45 pm ET
Parkit announces sale of JV asset
VANCOUVER, Oct. 4, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that one of the single purpose entities held by OP Holdings JV LLC (the "Joint Venture") is under a purchase and sale contract.  The Company is awaiting confirmation from the Joint Venture of the closing of the transaction. The property owned by the single purpose entity was bought by the Joint Venture in 2015 (consisting of an equity investment of US $7 million), and is under contract to be sold for approximately US $36.1 million.  When including the income received
Oct 04, 2018 04:45 pm ET
Parkit Enterprise Releases Q3 2018 Results
VANCOUVER, Oct. 4, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSX-V:PKT; OTCQX: PKTEF) has recently filed its interim financial statements and management discussion and analysis for the quarter ended July 31, 2018 ("Q3 2018") on SEDAR (www.sedar.com). The financial highlights for the period include:
Oct 04, 2018 04:45 pm ET
Parkit Enterprise Releases Q3 2018 Results
VANCOUVER, Oct. 4, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSX-V:PKT; OTCQX: PKTEF) has recently filed its interim financial statements and management discussion and analysis for the quarter ended July 31, 2018 ("Q3 2018") on SEDAR (www.sedar.com). The financial highlights for the period include:
Aug 23, 2018 06:41 pm ET
Parkit Appoints New Officers and Grants Incentive Stock Options
VANCOUVER, Aug. 23, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces the appointment of Steve Strauss and Avi Minkowitz to the offices of Vice-President of the Company.
Aug 23, 2018 06:41 pm ET
Parkit Appoints New Officers and Grants Incentive Stock Options
VANCOUVER, Aug. 23, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces the appointment of Steve Strauss and Avi Minkowitz to the offices of Vice-President of the Company.
Aug 20, 2018 05:15 pm ET
Parkit Announces Management Changes & Results of AGSM
VANCOUVER, Aug. 20, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX-V: PKT; OTCQX: PKTEF) is pleased to announce that it held its Annual General and Special Meeting  on August 15, 2018, and that all of the motions proposed in the Notice of Annual General and Special Meeting dated July 12, 2018, which was filed on SEDAR together with Management's Information Circular on July 18, 2018, were approved by the shareholders. The Company would like to thank its shareholders for their participation in the Meeting. The Company would also like to welcome Brad Miller to the board of
Aug 20, 2018 05:15 pm ET
Parkit Announces Management Changes & Results of AGSM
VANCOUVER, Aug. 20, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX-V: PKT; OTCQX: PKTEF) is pleased to announce that it held its Annual General and Special Meeting  on August 15, 2018, and that all of the motions proposed in the Notice of Annual General and Special Meeting dated July 12, 2018, which was filed on SEDAR together with Management's Information Circular on July 18, 2018, were approved by the shareholders. The Company would like to thank its shareholders for their participation in the Meeting. The Company would also like to welcome Brad Miller to the b
Aug 13, 2018 05:52 pm ET
Parkit Announces Sale of JV Asset
VANCOUVER, Aug. 13, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that one of the single purpose entities held by OP Holdings JV LLC (the "Joint Venture") has sold Terra Park, its parking facility located in Jacksonville, Florida.  Terra Park was bought by the Joint Venture in 2015 for US$6.4 million (consisting of an equity investment of US $2.4 million), and was sold for US $6.83 million plus an additional sum of US $750,000 paid in equal monthly installments over one year.  When including the income received from the property over the
Aug 13, 2018 05:52 pm ET
Parkit Announces Sale of JV Asset
VANCOUVER, Aug. 13, 2018 /PRNewswire/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that one of the single purpose entities held by OP Holdings JV LLC (the "Joint Venture") has sold Terra Park, its parking facility located in Jacksonville, Florida.  Terra Park was bought by the Joint Venture in 2015 for US$6.4 million (consisting of an equity investment of US $2.4 million), and was sold for US $6.83 million plus an additional sum of US $750,000 paid in equal monthly installments over one year.  When including the income received from the property ov
Jul 18, 2018 08:00 am ET
Parkit Issues Signing Bonus Shares to Two Employees
VANCOUVER, July 18, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) announces that it will pay a signing bonus to its two new employees - Steve Strauss and Avi Minkowitz - in the form of common shares of Parkit.  Each employee will receive 33,333 Parkit common shares.
Jul 06, 2018 02:12 pm ET
Parkit Announces Strategic Acquisition and Q2 2018 Results
VANCOUVER, July 6, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV: PKT; OTCQX: PKTEF) is pleased to announce that it has purchased the operating assets of Smart Parking Solutions Canada Inc.("Smartpark") and employed its principals, Steve Strauss and Avi Minkowitz, all effective July 1, 2018.
Jun 07, 2018 07:30 am ET
Parkit expands board; welcomes new director; appoints board chair
VANCOUVER, June 7, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV:PKT; OTCQX:PKTEF) is pleased to announce that it has increased the size of its board of directors from five to six and that it has appointed Elie Norowitz to fill the additional seat. About Elie:
May 31, 2018 07:30 am ET
Parkit Announces Changes to its Board of Directors
VANCOUVER, May 31, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV:PKT) (OTCQX:PKTEF)  announces that Joel Dumaresq and David Mullen have both resigned from the Company's Board of Directors (the "Board") effective May 29, 2018 in order to create vacancies for the appointment of two persons nominated by a group of the Company's shareholders led by Leonite Capital LLC.
Mar 28, 2018 05:15 pm ET
Parkit Enterprise Releases Q1 2018 Results
VANCOUVER, British Columbia, March 28, 2018 (GLOBE NEWSWIRE) -- Parkit Enterprise Inc. (“Parkit” or “the Company”) (TSX-V:PKT) (OTCQX:PKTEF) has recently filed its interim financial statements and management discussion and analysis for the quarter ended January 31, 2018 (“Q1...
Mar 05, 2018 08:00 am ET
Parkit Enterprise Releases 2017 Annual Results
VANCOUVER, British Columbia, March 05, 2018 (GLOBE NEWSWIRE) -- Parkit Enterprise Inc. (“Parkit” or “the Company”) (TSX-V:PKT) (OTCQX:PKTEF) has recently filed its audited financial statements and management discussion and analysis for the year ended October 31, 2017 (the...
Sep 29, 2017 06:00 am ET
Parkit Enterprise Releases Q3 2017 Results
Parkit Enterprise Inc. ("Parkit" or "the Company")(TSX VENTURE: PKT)(OTCQX: PKTEF) has recently filed its interim financial statements and management discussion and analysis for the quarter ended July 31, 2017 ("Q3 2017") on SEDAR (www.sedar.com). The financial highlights for the period include:
Sep 06, 2017 07:38 pm ET
Parkit Enterprise Announces Results of Annual General Meeting
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to announce the results of its Annual General and Special Meeting of Shareholders ("AGM") held September 6, 2017 in Toronto, Ontario.
Aug 16, 2017 05:17 pm ET
Parkit Enterprise Announces New Chief Financial Officer
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to announce that it has appointed JoAnne Odette, CPA, CA, CPA (Illinois), to the office of Chief Financial Officer of the Company, replacing Nigel Kirkwood. Mr. Kirkwood has resigned his office with Parkit to pursue another opportunity. Both Mr. Kirkwood's resignation and Ms. Odette's appointment are effective August 16th, 2017.
May 25, 2017 09:00 am ET
Parkit Strengthens Board With Appointment of Bay Street Portfolio Manager and Major Shareholder, Brad Dunkley to Board
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to announce the appointment of Mr. Brad Dunkley to the Board as an independent director.
Apr 04, 2017 09:00 am ET
Parkit Enterprise Releases Q1 2017 Results
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) has recently filed its interim financial statements and management discussion and analysis for the three months ended January 31, 2017( "Q1 2017") on SEDAR (www.sedar.com). The financial highlights for the period include:
Mar 07, 2017 09:00 am ET
Parkit Enterprise Releases 2016 Annual Results
Parkit Enterprise Inc. ("Parkit" or "the Company")(TSX VENTURE: PKT)(OTCQX: PKTEF) has recently filed its audited financial statements and management discussion and analysis for the year ended October 31, 2016 (the "Annual Filings") on SEDAR (www.sedar.com) and is pleased to report on its first full year financial results following the OP Holdings joint venture and Nashville Fly-Away Airports Parking ("Fly-Away") transactions during 2015.
Oct 28, 2016 01:17 pm ET
IIROC Trading Halt - PKT
VANCOUVER, Oct. 28, 2016 /CNW/ - The following issues have been halted by IIROC:
Oct 17, 2016 09:00 am ET
Parkit Enterprises Provides Corporate Update
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to provide an update on developments at the Company.
Aug 25, 2016 05:11 pm ET
Parkit Enterprises Inc. Announces Resignation of a Director
Originally issued August 22, 2016, REISSUED August 25, 2016- Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) announces that Mr. Robert (Bob) Emri has stepped down as a director of the Company effective immediately to focus on his personal business matters. Mr. Emri has been a non-executive director since November 2012 and a member of the Company's Investment and Governance Committees. Mr. Emri will remain a consultant to the Company's Board to advise the Company on acquisitions.
Aug 25, 2016 05:11 pm ET
Parkit Enterprises Inc. Announces Resignation of a Director
 Originally issued August 22, 2016, REISSUED August 25, 2016- Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE:PKT)(OTCQX:PKTEF) announces that Mr. Robert (Bob) Emri has stepped down as a director of the Company effective...
Aug 16, 2016 06:42 pm ET
Parkit Enterprises Inc. Announces Change of Management
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to announce that it has appointed Bryan Wallner as its President and Chief Executive Officer and Nigel Kirkwood as its Chief Financial Officer, effective immediately.
Jul 26, 2016 05:30 pm ET
Parkit Announces the Re-Election of Current Board
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to announce that its shareholders have, at the annual general meeting held earlier today in Vancouver, supported the current Board by setting the board size at five directors and re-electing Robert Emri, Pesach (Pace) Goldman, Joel Dumaresq, David Mullen, and Bryan Wallner. All other motions tabled by the current board as outlined in the Blue proxy were also carried.
Jul 20, 2016 04:00 pm ET
Parkit Reminds Shareholders to Vote Using Their BLUE Proxy in Advance of the Voting Deadline
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) would like to remind shareholders they have until 10:30 am (Pacific Time) on Friday July 22, 2016 to vote their shares for the upcoming Annual General Meeting ("Meeting") of Parkit shareholders to be held 10:30 am (Pacific Time) on Tuesday July 26, 2016.
Jul 14, 2016 03:14 pm ET
Parkit to Mail Letter to Shareholders Responding to Misleading Statements Made by Dissidents
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) today announced that it will be mailing a letter to shareholders in advance of its annual general meeting currently scheduled for Tuesday July 26, 2016 at 10:30 a.m. (Pacific Time). In the letter, which is reproduced below, the board of directors of the Company (the "Board") responds to misleading statements made by the three dissident officers that initiated the proxy contest (the "Dissident Officers"). The Board urges shareholders to vote FOR the current Board
Jul 12, 2016 03:07 pm ET
Parkit Announces Leading Independent Proxy Advisory Firm, ISS Recommends Shareholders Vote for the Current Board Using Only the BLUE Proxy
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is pleased to announce that Institutional Shareholder Services ("ISS"), a leading independent proxy advisory firm, has recommended that Parkit shareholders vote FOR the current independent board nominees (Robert Emri, Pesach (Pace) Goldman, Joel Dumaresq, David Mullen, and Bryan Wallner) using the BLUE proxy.
Jun 30, 2016 04:05 pm ET
Parkit Mails Information Circular and Blue Proxy to Re-Elect the Current Directors
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) today announced that it has filed an Information Circular on SEDAR in advance of its annual general meeting currently scheduled for Tuesday July 26, 2016 at 10:30 a.m. (Pacific Time) at Owen Bird Law Corporation, Suite 2900-595 Burrard Street, Vancouver, BC V7X 1J5. The Company is also mailing meeting materials to shareholders of record as of June 9, 2016, and urges shareholders to only vote their BLUE proxy.
Jun 06, 2016 05:02 pm ET
Parkit Enterprise Inc. Changes Annual Meeting Date
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) announced today that the scheduled annual general meeting (the "AGM") of Parkit has been changed from June 21, 2016 to July 26, 2016 and the record date for the AGM has been changed from May 9, 2016 to June 9, 2016.
Jun 02, 2016 07:31 pm ET
Parkit Enterprises Inc. Suspends Richard Baxter, Patrick Bonney and Simon Buckett as Officers and Announces Engagement of Advisors
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) announced today the immediate suspension with pay of each of Richard Baxter, President and Chief Executive Officer of Parkit, Patrick Bonney, the Chief Investment Officer of Parkit and Simon Buckett, the Chief Financial Officer of Parkit (the "Dissident Officers") who are attempting to take control of the board of directors (the "Board") of the Company at the upcoming annual and special meeting of shareholders (the "AGM"), currently scheduled to take place on
May 19, 2016 10:19 pm ET
Parkit Enterprises Inc. Removes Richard Baxter From Board and Advises Shareholders to Take No Voting Action at This Time With Respect to Any Yellow Proxy Form Received
Parkit Enterprise Inc. ("Parkit" or "the Company") (TSX VENTURE: PKT)(OTCQX: PKTEF) is aware of a press release issued and dissident proxy circular filed on May 18, 2016 by a group of dissidents led by Richard Baxter, President and Chief Executive Officer of Parkit, Patrick Bonney, the Chief Investment Officer of Parkit and Simon Buckett, the Chief Financial Officer of Parkit.