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.
Parkit has granted 50,000 incentive stock options to each of Mr.
Strauss and Mr. Minkowitz, exercisable at the price of $0.29 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.
As previously announced on July 6,
2018, Mr. Strauss and Mr. Minkowitz joined the Company when
Parkit purchased the operating assets of Smart Parking Solutions
Canada Inc. Since this acquisition, the Company has been
actively seeking parking based real estate acquisitions and has
seen deal flow increase dramatically. Both Mr. Strauss and
Mr. Minkowitz are focusing on deal origination. The board of
directors is excited by the new deal flow and are looking forward
to increasing shareholder value through a targeted acquisition
strategy.
About PARKIT
Parkit Enterprise Inc. is engaged in the acquisition,
optimization and asset management of income producing parking
facilities across North America.
The Company's shares are listed on TSX-V (Symbol: PKT) and on the
OTCQX (Symbol: PKTEF).
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements. Forward-looking statements consist of statements that
are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Forward-looking statements in this press release include those
concerning the Company's intent to actively pursue acquisitions and
increase its asset base using a targeted acquisition strategy.
Such statements are subject to risks and uncertainties that
may cause actual results, performance or developments to differ
materially from those contained in the statements, including the
risks disclosed in the Company's public filings on SEDAR. No
assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what
benefits, if any, the Company might obtain from them.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Parkit Enterprise Inc.
