Core Viewpoint - Parkit Enterprise Inc. has issued a total of 1,371,000 options to directors, officers, employees, and consultants, each exercisable into one common share at an exercise price of $0.56, with options vesting on grant [1]. Group 1: Options Issuance - A total of 1,025,000 options were specifically granted to directors and officers of Parkit [2]. - The company is utilizing exemptions from formal valuation and minority approval requirements under Multilateral Instrument 61-101 for the issuance of these options [2]. Group 2: Company Overview - Parkit Enterprise is focused on acquiring, growing, and managing strategically located industrial properties in Canada, along with parking assets in various U.S. markets [3]. - The company's common shares are listed on the TSX Venture Exchange under the symbol PKT [3].

Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), has completed the sale of its remaining property located in Winnipeg, Manitoba (the "Property") to PRO Real Estate Investment Trust (TSX: PRV.UN) ("PROREIT") for proceeds of $5,350,000, subject to customary adjustments (the "Transaction"). Parkit received $2,140,000 of the proceeds in the form of 345,161 trust units of PROREIT ("Trust Units") priced at $6.20 per Trust Unit. Post closing, ...