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Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

Pardee Resources Company: Special Dividend

December 18, 2020 GMT

PHILADELPHIA, Dec. 17, 2020 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the “Company”) announced today that its Board of Directors has declared a special year-end dividend of $4.00 per share payable on December 24, 2020 to shareholders of record on December 18, 2020. 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.

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SOURCE Pardee Resources Company