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RADNOR, Pa. , May 1, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it has posted its first quarter report on the OTC Markets website https://www.otcmarkets.com/stock/PDER/disclosure where it is available for review. The Company will also distribute its first quarter report to its shareholders electronically and via U.S. Mail in the next several days.
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.
RADNOR, Pa., April 24, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that its previously announced initiative to market certain hardwood timberland tracts in central and southern West Virginia, totaling approximately 47,000 acres has concluded without a sale. "While our marketing efforts yielded multiple offers, none were acceptable to the Company and thus the Company has elected to retain the properties and continue to manage them for the benefit of its shareholders," said Carleton P. Erdman, President and CEO.
RADNOR, Pa., April 16, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it closed on the sale of approximately 8,800 acres of oil & gas interests located in Elk and Cameron Counties, Pennsylvania for $10 million dollars. "These interests, which were acquired over 100 years ago, were non-revenue producing and deemed non-strategic to the Company," said Carleton P. Erdman, President and CEO.
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.
RADNOR, Pa., April 1, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it has posted its 2024 Annual Report on the OTC Markets website https://www.otcmarkets.com/stock/PDER/disclosure where it is available for review. The Company intends to distribute its 2024 Annual Report to its shareholders electronically and via U.S. Mail in the near future.
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.
PHILADELPHIA, Feb. 14, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it has posted a regular shareholder communication on the OTC Markets website https://www.otcmarkets.com/stock/PDER/disclosure where it is available for review. The Company will also distribute this communication to its shareholders electronically and via U.S. Mail in the next several days.
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.
PHILADELPHIA, Dec. 13, 2024 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that its Board of Directors has declared a special year-end dividend of $25.00 per share payable on December 19, 2024, to shareholders of record on December 16, 2024. This special dividend will be in addition to the Company's regular quarterly dividends.
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.
PHILADELPHIA, Nov. 1, 2024 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it has posted its third quarter report on the OTC Markets website https://www.otcmarkets.com/stock/PDER/disclosure where it is available for review. The Company will also distribute its third quarter report to its shareholders electronically and via U.S. Mail in the next several days.
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.
PHILADELPHIA, Oct. 25, 2024 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it will update its procedures for most communications with shareholders effective with the distribution of the Q3 2024 Report. Specifically, going forward, Pardee intends to post its notices, annual and other financial reports, and other materials first on the OTC Markets website https://www.otcmarkets.com/stock/PDER/disclosure and shortly thereafter, send these materials out for email and U.S. Mail distribution. As a result, we expect that Pardee's quarterly financial reports will be posted on the OTC Market's website during the first week of May, August, and November and the annual report will be posted during mid-April. While we do not currently plan to change the existing email and U.S. Mail distribution of Pardee's reports, shareholders will now also be able to access these materials through the OTC Market's website in advance of their normal receipt of these reports. The Company further intends to issue a Press Release when it posts Pardee reports on the OTC website.