Pardee Resources Company: Delay in mailing of second quarter report

Philadelphia, August 14, 2023/PR Newswire/Pardee Resources Company (OTC: PDER) (the “Company”) announced today that it has experienced administrative delays related to the distribution of its Second Quarter Report to shareholders. As required by the OTC Markets, the Company has posted its Second Quarter Report on the OTC Markets website where it is available for review. The Company expects copies of this report to be distributed electronically and via U.S. Mail to shareholders this week.  

In addition to historical statements, this press release contains statements relating to future events and our future results.  These statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995.  While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations.  These factors include, but are not limited to, difficult economic conditions and other risks and uncertainties.  As a result, these forward-looking statements may turn out to be incorrect. We are under no obligation to (and expressly disclaim any obligation to) update or alter these forward-looking statements whether as a result of new information, future events or otherwise.