VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 6, 2017) - Parkit Enterprise Inc. ("Parkit" or "the Company") PKTPKTEF is pleased to announce the results of its Annual General and Special Meeting of Shareholders ("AGM") held September 6, 2017 in Toronto, Ontario.

Shareholders voted in favour of all items of business, including setting the board size at five directors and re-electing each of the director nominees: Pesach (Pace) Goldman, Joel Dumaresq, David Mullen, Bryan Wallner, and Brad Dunkley.

Regarding the results of the annual meeting, Joel Dumaresq, Chairman of the Board, commented, "We thank shareholders for their continued support as the Board pursues its growth strategy of increasing value to all Parkit shareholders together with our partners."

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 PKT and on the OTCQX PKTEF.

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.

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 anticipation of another smooth transition and that the Company is well positioned to move forward with strong stewardship. 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.