Pardee Completes Open Market Purchase

December 3, 2019
Philadelphia, December 3, 2019/PR Newswire/- Pardee Resources Company (OTC: PDER) (the “Company”) announced today that it recently purchased 10,792 PDER common shares @ $161 per share in the open market for $1,754,893 when including the brokerage commission, pursuant to our previously announced Board authorization to repurchase up to $2 million of PDER common shares in […]

Pardee Authorizes Share Repurchases

July 10, 2019
Pardee Resources Company (OTC: PDER) (the “Company”) announced today that its Board of Directors has authorized the repurchase by the Company of up to $3.5 million of its outstanding common shares in 2019. This stock repurchase program may be carried out through up to $1.5 million in privately negotiated transactions and through up to $2 […]

Pardee Resources Company: Negative Information About Recent Events Concerning a Solar Partnership Investment

March 6, 2019
In December 2015, Pardee Resources Company (OTC: PDER) (the “Company”) invested $7.7 million in a limited partnership that purchased mobile solar generators from DC Solar Solutions, Inc. (“DC Solar”) and, in turn, leased the generators to DC Solar Distribution, Inc., an affiliate of DC Solar. The Company recently learned through public sources that the government […]

Pardee Resources Company: Almond Agricultural Investment

November 30, 2018
Pardee Resources Company: (OTC: PDER) (the “Company”) reports that its subsidiary, Pardee Agricultural Properties LLC, recently acquired a controlling interest in a partnership that has leased a 390-acre farmland tract located near Evora, Portugal.  The tract will be developed and managed for almonds by a multi-generational agricultural operating company with extensive almond growing expertise in […]

Pardee Resources Company Announces Conclusion of Tender Offer

September 27, 2018
September 27, 2018 Pardee Resources Company (OTC: PDER) (the “Company”) announced today that its recent offer to purchase up to 26,463 shares of its outstanding common stock at a purchase price of $188.94 per share (the “Offer”) expired as scheduled on September 24, 2018.  The number of shares tendered in the Offer exceeded the maximum […]