News

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 […]

Pardee Resources Company Announces Commencement of Tender Offer

August 17, 2018
Offers to Purchase up to 26,463 Shares of its Common Stock at $188.94 per Share August 17, 2018 Pardee Resources Company (OTC: PDER) (the “Company”) announced today the commencement of an offer to purchase up to 26,463 shares of its outstanding common stock at a purchase price of $188.94 per share (the “Offer”). The Offer […]

Pardee Resources Company: Solar Acquisition

October 26, 2017
Pardee Resources Company (the “Company”) reports that in April 2017 it invested $1.8 million in the purchase of a 561 kilowatt (dc) solar photovoltaic system located at Northern Arizona University in Flagstaff, Arizona.  “We are very pleased to make this addition to our Alternative Energy Division’s portfolio as we remain focused on the growing renewable […]