Parkit Announces Acquisition of Neighbouring Industrial Property in Toronto, Ontario for $3.6 Million and Completion of Continuance to Ontario

TORONTO, Aug. 12, 2021 (GLOBE NEWSWIRE) — (“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 British Columbia and into the Province of Ontario under the provisions of the Business Corporations Act (Ontario) (the “Continuance”).