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Parkit Enterprise Inc
Symbol PKT
Shares Issued 233,549,647
Close 2021-10-19 C$ 1.60
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Parkit Enterprise agreement for Toronto property

2021-10-19 20:58 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation pertaining to an agreement of purchase and sale dated Aug. 12, 2021, between Parkit Enterprise Inc. and an arm's-length party to the company (the vendor), whereby the company has acquired an industrial real estate property, located at 720 Tapscott Rd., Toronto, Ont.

Under the terms of the agreement, the $3.6-million purchase price was satisfied by a cash payment of $3.5-million and the issuance of 61,552 common shares of the company at a deemed aggregate consideration of $100,000.

For further details, please refer to the company's news releases dated Aug. 12, 2021, and Oct. 14, 2021.

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