Pardee Resources Company: Plans To Market Certain Timberland Properties
Pardee Resources Company: Plans To Market Certain Timberland Properties
PHILADELPHIA, June 18, 2024 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") announced today that it has decided to market certain hardwood timberland tracts located in central and southern West Virginia, totaling approximately 47,000 acres, or 30% of the Company's timberland holdings. This initiative, if successful, is intended to rebalance the Company's overall natural resource portfolio. There can be no assurance that this marketing initiative will result in Pardee receiving an acceptable proposal from a prospective buyer or that a sale transaction will be completed on attractive terms, if pursued. Pardee has not set a timetable for completion of this marketing initiative and does not intend to discuss further developments unless and until it is determined that further disclosure is appropriate or necessary.
菲拉德尔菲亚,2024年6月18日 /美通社/ -- Pardee资源公司(场外交易:PDER)(以下简称“公司”)今日宣布,该公司决定将其位于西弗吉尼亚州中部和南部的某些硬木林地出售,总面积约47,000英亩,占该公司林地总面积的30%。该举措旨在重新平衡公司的整体自然资源组合。如果成功,此项举措将有望使公司获得潜在买家的令人满意的提议或以有吸引力的条款完成销售交易,但无法保证是否能够成功实施。Pardee并未设定这项市场推广举措的完成时间表,并且除非确定需要或适当披露进一步的发展,否则不打算进一步讨论。
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, our ability to successfully market and close the sale of certain timberland properties and deploy any proceeds in alternative strategic investments, 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.
除历史性声明外,本新闻稿还包含与未来事件和我们未来业绩相关的声明。这些声明是《1995年私人证券诉讼改革法》所规定的“前瞻性”声明。尽管这些前瞻性声明代表我们对我们业务的判断和未来预期,但许多风险、不确定因素和其他重要因素可能导致实际发展和结果与我们的预期不符。这些因素包括但不限于我们成功营销和关闭某些林地财产并将任何收益用于替代战略投资的能力、困难的经济条件以及其他风险和不确定性。因此,这些前瞻性声明可能是错误的。我们不承担任何更新或更改这些前瞻性声明的义务(并明确否认任何更新或更改这些前瞻性声明的义务),无论是因为新信息、未来事件还是其他原因。
SOURCE Pardee Resources Company
来源:Pardee Resources Company