Pardee Completes Open Market Purchase

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 open market purchases.

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