{"success":true,"data":{"pressRelease":{"id":"5118","rtpr_id":"nPn8xDjC7a","ticker":"PDER","exchange":"OTC","all_tickers":["PDER"],"title":"Pardee Resources Company Announces Agreement to Sell its Table Grape Assets","author":"PR Newswire","published_at":"2026-04-22T15:12:04.081Z","article_body":"Pardee Resources Company Announces Agreement to Sell its Table Grape Assets\n\nPR Newswire\n\nRADNOR, Pa., April 22, 2026\n\nRADNOR, Pa., April 22, 2026 /PRNewswire/ -- Pardee Resources Company (OTC:\nPDER) (the \"Company\") announced today that it has entered into a definitive\nagreement to sell all of its table grape assets to Joseph Vineyard Estates\nLLC, an affiliate of Four Star Fruit, Inc., for total cash proceeds of\n$6,130,000. These assets, which are located in the Central Valley of\nCalifornia, consist of one wholly owned 40 acre table grape ranch and a second\n220 acre table grape ranch which is 85% owned by Pardee through a joint\nventure. The sale is subject to the satisfaction of certain contingencies and\nnormal closing conditions and adjustments. The transaction is expected to\nclose in the second quarter of 2026.\n\nIn addition to historical statements, this press release contains statements\nrelating to future events, the pending transaction, and our future results.\nThese statements are \"forward-looking\" statements within the meaning of the\nPrivate Securities Litigation Reform Act of 1995. While these forward-looking\nstatements represent our judgments and future expectations concerning our\nbusiness, a number of risks, uncertainties and other important factors could\ncause actual developments and results to differ materially from our\nexpectations. These factors include, but are not limited to, risks related to\nthe pending transaction, including the satisfaction of conditions precedent to\nclosing, difficult economic conditions and other risks and uncertainties. As a\nresult, these forward-looking statements may turn out to be incorrect. We are\nunder no obligation to (and expressly disclaim any obligation to) update or\nalter these forward-looking statements whether as a result of new information,\nfuture events or otherwise.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/pardee-resources-company-announces-agreement-to-sell-its-table-grape-assets-302750494.html\n(https://www.prnewswire.com/news-releases/pardee-resources-company-announces-agreement-to-sell-its-table-grape-assets-302750494.html)\n\nSOURCE Pardee Resources Company\n\n\n\nPardee Resources Company, Linda Dougherty, Shareholder Relations, 215-405-1260, ShareholderRelations@pardee.com\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn8xDjC7a","title":"Pardee Resources Company Announces Agreement to Sell its Table Grape Assets","author":"PR Newswire","ticker":"PDER","created":"2026-04-22T15:12:04.081Z","tickers":["PDER"],"exchange":"OTC","article_body":"Pardee Resources Company Announces Agreement to Sell its Table Grape Assets\n\nPR Newswire\n\nRADNOR, Pa., April 22, 2026\n\nRADNOR, Pa., April 22, 2026 /PRNewswire/ -- Pardee Resources Company (OTC:\nPDER) (the \"Company\") announced today that it has entered into a definitive\nagreement to sell all of its table grape assets to Joseph Vineyard Estates\nLLC, an affiliate of Four Star Fruit, Inc., for total cash proceeds of\n$6,130,000. These assets, which are located in the Central Valley of\nCalifornia, consist of one wholly owned 40 acre table grape ranch and a second\n220 acre table grape ranch which is 85% owned by Pardee through a joint\nventure. The sale is subject to the satisfaction of certain contingencies and\nnormal closing conditions and adjustments. The transaction is expected to\nclose in the second quarter of 2026.\n\nIn addition to historical statements, this press release contains statements\nrelating to future events, the pending transaction, and our future results.\nThese statements are \"forward-looking\" statements within the meaning of the\nPrivate Securities Litigation Reform Act of 1995. While these forward-looking\nstatements represent our judgments and future expectations concerning our\nbusiness, a number of risks, uncertainties and other important factors could\ncause actual developments and results to differ materially from our\nexpectations. These factors include, but are not limited to, risks related to\nthe pending transaction, including the satisfaction of conditions precedent to\nclosing, difficult economic conditions and other risks and uncertainties. As a\nresult, these forward-looking statements may turn out to be incorrect. We are\nunder no obligation to (and expressly disclaim any obligation to) update or\nalter these forward-looking statements whether as a result of new information,\nfuture events or otherwise.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/pardee-resources-company-announces-agreement-to-sell-its-table-grape-assets-302750494.html\n(https://www.prnewswire.com/news-releases/pardee-resources-company-announces-agreement-to-sell-its-table-grape-assets-302750494.html)\n\nSOURCE Pardee Resources Company\n\n\n\nPardee Resources Company, Linda Dougherty, Shareholder Relations, 215-405-1260, ShareholderRelations@pardee.com\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-04-22T15:12:04.13200746Z","server_sent_at_ms":1776870724132},"received_at":"2026-04-22T15:12:04.184Z","source_url":null},"analysis":{"id":"3701","press_release_id":"5118","analysis_json":{"industry":{"label":"Energy","sector":"Energy"},"redFlags":[],"eventType":"m_and_a","narrative":"Pardee Resources entered into a definitive agreement to sell its table grape assets to an affiliate of Four Star Fruit for total cash proceeds of $6.13 million.\n\nThe assets being sold include a wholly owned 40-acre table grape ranch and an 85% ownership interest in a second 220-acre ranch, both located in California's Central Valley.\n\nThe transaction is expected to close in the second quarter of 2026, subject to the satisfaction of standard contingencies and closing conditions.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Monetization of non-core agricultural assets for cash proceeds."},"keyFigures":{"dealValueUsd":6130000},"quotedText":"","namedEntities":{"people":[{"name":"Linda Dougherty","role":"Shareholder Relations"}],"products":["table grape assets"],"companies":[{"name":"Pardee Resources Company","ticker":"PDER","relationship":"seller"},{"name":"Joseph Vineyard Estates LLC","relationship":"buyer"},{"name":"Four Star Fruit, Inc.","relationship":"buyer affiliate"}],"dollarAmounts":[{"amount":"$6,130,000","context":"total cash proceeds"}]},"materialImpact":{"score":2,"reasoning":"The sale of table grape assets for $6.13 million is a specific portfolio divestiture. While definitive, the transaction size suggests a modest adjustment to the company's asset base rather than a transformative corporate event."},"tickerRelevance":{"others":[],"primary":"PDER"},"eventTypeSecondary":[]},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Pardee Resources entered into a definitive agreement to sell its table grape assets to an affiliate of Four Star Fruit for total cash proceeds of $6.13 million.\n\nThe assets being sold include a wholly owned 40-acre table grape ranch and an 85% ownership interest in a second 220-acre ranch, both located in California's Central Valley.\n\nThe transaction is expected to close in the second quarter of 2026, subject to the satisfaction of standard contingencies and closing conditions.","key_figures":{"dealValueUsd":6130000},"named_entities":{"people":[{"name":"Linda Dougherty","role":"Shareholder Relations"}],"products":["table grape assets"],"companies":[{"name":"Pardee Resources Company","ticker":"PDER","relationship":"seller"},{"name":"Joseph Vineyard Estates LLC","relationship":"buyer"},{"name":"Four Star Fruit, Inc.","relationship":"buyer affiliate"}],"dollarAmounts":[{"amount":"$6,130,000","context":"total cash proceeds"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T19:20:25.917Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.307Z"}},"durationMs":125475,"modelName":"glm-4.7"}}