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Parkit Enterprise Inc.: Parkit Enterprise Reports Q3 Results

Parkit Enterprise Inc.: Parkit Enterprise Reports Q3 Results
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Parkit Enterprise Reports Q3 Results

Parkit Enterprise Reports Q3 Results
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Parkit Enterprise Inc.: Parkit: Correction to News Release Dated February 17, 2021


Parkit Enterprise Inc.: Parkit Completes $69 Million Bought Deal Private Placement Financing and $15 Million Concurrent Non-Brokered Private Placement
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.
The Bought Deal Offering consisted of 72,631,585 Common Shares for aggregate gross proceeds of approximately $69,000,000. The Bought Deal Offering was conducted by a syndicate of underwriters, co-led by Stifel GMP and Scotiabank and included Canaccord Genuity Corp., CIBC Capital Markets and Cormark Securities Inc. The Non-Brokered Offering consisted of 15,7 ....

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