Pardee Resources Company (OTC: PDER) (the “Company”) reports that its subsidiary, Pardee Solar 1 LLC, recently closed on an investment in two renewable energy partnerships. One partnership owns two solar photovoltaic systems in Rhode Island while the other partnership owns six solar thermal systems in Washington, D.C.  The solar thermal systems are installed on roof […]

Pardee Resources Company (OTC: PDER) (the “Company”) announced today that its recent offer to purchase up to 22,600 shares of its outstanding common stock at a purchase price of $265.50 per share (the “Offer”) expired as scheduled on June 13, 2014.  The number of shares tendered in the Offer exceeded the maximum number of shares […]

Offers to Purchase up to 22,600 Shares of its Common Stock at $265.50 per Share May 2, 2014 Pardee Resources Company (OTC: PDER) (the “Company”) announced today the commencement of an offer to purchase up to 22,600 shares of its outstanding common stock at a purchase price of $265.50 per share (the “Offer”). The Offer […]

Pardee Resources Company (OTC: PDER) (the “Company”) is pleased to announce that its subsidiary, Encap Solar AZ 2 LLC, recently closed on a $10.8 million acquisition of a 2.8 MW portfolio, comprising 10 solar photovoltaic systems in Arizona.  In addition to providing significant tax benefits, this investment was accretive to earnings upon closing. This acquisition […]

Pardee Resources Company (OTC: PDER) announced today that Forecon, Inc., a professional forestry consulting and certified timberland appraisal firm based in Falconer, New York, recently completed a market value appraisal of the Company’s surface and timber rights on approximately 136,200 acres, which constitute the bulk of the Company’s hardwood timberland ownership. In preparing their Summary […]