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Pardee Resources to sell 2,465 acres in West Virginia for $57M, deal closing expected Q4 2026

Company Fundamentals
15 Jun 2026
Pardee Resources Co.
View Source
Bullish
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Pardee Resources Company announced an agreement to sell about 2,465 acres of surface and mineral property in West Virginia for approximately $57 million, priced at $23,000 per acre. The sale depends on certain contingencies and normal closing conditions, with the transaction expected to close in the fourth quarter of 2026. However, the company cautions that the deal may not close if conditions are not met. No further details are available at this time, and shareholders will be updated upon closing or termination of the sale.

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