Greenscape Capital Group Inc. ("Greenscape") TSX‐V: GRN - is pleased to announce that effective Wednesday, September 11, 2013, the Company changed its name to Parkit Enterprise Inc. and begin trading under the new symbol PKT.
The shares of the Company will also consolidate on a ten for one basis at that time.The Company also wishes to announce a $1,000,000 private placement financing of 4 million Units at $0.25 per Unit. Each Unit will consist of one post-consolidation common share and one half of one post-consolidation share purchase Warrant, each whole Warrant entitling the purchaser to purchase one common share for the price of $0.40 per share for a period of 2 years.
Use of proceeds will be to initiate the Company's acquisition strategy and for general working capital purposes. This transaction is subject to TSX Venture Exchange approval.
Rick Baxter, CEO states, "This is an exciting time for us at Parkit as we commence our acquisition strategy. We are preparing a platform that will enable us to acquire, optimize and aggregate a portfolio of parking assets over the next five years. We would like to thank our key shareholders and partners for their support as we implement this strategy."
About Parkit Enterprise Inc.
Parkit Enterprise Inc.'s focus is revenue producing parking facilities. Parkit built, owns and currently operates a 46 acre, 4,200 stall facility (Canopy) at the Denver International Airport together with our partner Propark America. Parkit intends to acquire, aggregate and optimize a portfolio of diversified parking facilities across North America.