PRNewsWire
15 Jun 2026, 18:41 UTC · 4h ago
Pardee Resources Company To Sell West Virginia Property
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
PRNewsWire
15 Jun 2026, 18:41 UTC · 4h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
2 claims · each scored for market impact
Pardee Resources Company (PDER) has entered a definitive agreement to sell approximately 2,465 acres of surface and mineral property in West Virginia for approximately $57 million. — The transaction represents a significant cash infusion relative to the size of an OTC-traded resources company, potentially boosting liquidity and valuation.
+0.60The sale is expected to close in the fourth quarter of 2026, pending the satisfaction of certain contingencies and closing conditions. — The delayed closing date and the company's explicit lack of assurance that the deal will close introduce execution risk.
-0.20Which stocks this story touches
The company has entered into a definitive agreement to sell property for approximately $57 million.
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