News

Philadelphia, January 6, 2020/PR Newswire/- Pardee Resources Company (OTC: PDER) (the “Company”) announced today that it purchased 7,000 PDER common shares @ $159.39 per share in a privately negotiated transaction for $1,115,730 on December 30, 2019. This purchase was made pursuant to the Company’s previously announced 2019 share repurchase authorization. In addition, the Company reported […]

Philadelphia, December 13, 2019/PR Newswire/- Pardee Resources Company (OTC: PDER) (the “Company”) announced today that its Board of Directors has declared a special year-end dividend of $3.00 per share payable on December 20, 2019 to shareholders of record on December 16, 2019. This special dividend will be in addition to the Company’s regular quarterly dividends. […]

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 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 […]

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 […]