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Parkit Enterprise ( (TSE:PKT) ) has provided an announcement.
Parkit Enterprise Inc. has granted a total of 1,371,000 stock options to certain directors, officers, employees and consultants under its option plan, with each option exercisable into one common share at $0.56 and vesting immediately, expiring 10 years from issuance. Of these, 1,025,000 options were awarded to directors and officers, with the company using regulatory exemptions related to valuation and minority approval, underscoring its continued use of equity-based incentives to align management and key personnel with long-term shareholder interests while operating within TSX Venture and MI 61-101 frameworks.
The most recent analyst rating on (TSE:PKT) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Parkit Enterprise stock, see the TSE:PKT Stock Forecast page.
More about Parkit Enterprise
Parkit Enterprise Inc. is an industrial real estate platform focused on acquiring, growing and managing strategically located industrial properties across key markets in Canada, and also owns parking assets in various U.S. markets. The company’s common shares trade on the TSX Venture Exchange under the symbol PKT, positioning it within the North American industrial and parking real estate segments.
Average Trading Volume: 59,608
Technical Sentiment Signal: Hold
Current Market Cap: C$120.9M
Find detailed analytics on PKT stock on TipRanks’ Stock Analysis page.