Running Fox Resource Corp.

Published : September 07th, 2007

Environmental Services Division Awarded Saskatchewan Project

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RUNNING FOX RESOURCE CORP.  TSX-V �RUN�   OTC �RFXRF�  Frankfurt �C8Q�

 

Running Fox Environmental Services Division Awarded Saskatchewan Project

                       

Friday September 7, 2007    Trent Moore, Vice President, reports:

 

Running Fox�s Claymore Field Services has successfully expanded facility construction services into Saskatchewan by winning a contract to build a new industrial and oilfield waste disposal facility. This new low impact facility will be the newest edition to a network of over 80 disposal facilities for the operator, who is the largest industrial and oilfield waste management and environmental services company in Canada. 

 

These new age waste disposal facilities are designed to be both environmentally friendly and cost efficient to operate.  As such, they will exceed the most stringent regulatory requirements and be able to be operated at costs comparable to conventional facilities, yet with a greatly reduced environmental footprint. Claymore will be sending 20 men to build the facility.

 

These diversification steps follow other initiatives including exposure to the oil sands and S.A.G.D. pad project construction. New preparations to test the Company�s Wire Dryer in further sand-separation objectives following successful heavy-oil applications are in progress.

 

The Company now has three Wire Dryers in final stages of assembly for hydrocarbon fluids separation and handling in addition to the first intended use of drill-fluid recycling utilizing its patent-pending recycling technology. A brief news video clip on the Wire Dryer is on the website at www.foxgold.ca  As is common with innovative technology, new uses are being discovered.

 

Recent Market Activity--  Running Fox is the same Company it was two months ago. The Company�s cash is not invested in sub-prime mortgage investment products, nor does it have direct exposure to that area.  In recent weeks an institutional shareholder that was effected by the international liquidity crisis has been selling approx. 1.8 million shares of the Company. This has impacted the share price of the Company but has no relation to Running Fox�s operating divisions, its resource properties, nor its substantial growth potential and upside to energy, gold and uranium. The third quarter was better than the second quarter.

 

AGM--  At the recent Annual General Meeting held August 30, 2007, a strong voter turnout of 34% passed all resolutions including re-electing the Board of Directors, re-approving the standard 10% Rolling Stock Option Plan and the previous grant to insiders, and also pre-approved the eventual dividend spin-out of the oilfield services and technology division when market conditions are appropriate. The Stock Option Plan and dividend share spin-out are subject to TSX-V approvals.

 

Running Fox is a Canadian growth-oriented small cap company developing four key divisions:

  1.  Energy Sector Oilfield Services and Technology;
  2.  Oil and Natural Gas Exploration and Production;
  3.  Uranium and Gold Exploration Mineral Projects; and
  4.  Environmental Services: Encapsulation and Remediation.

 

On behalf of the Board of Directors: Trent Moore, VP, Running Fox Resource Corp.

403 742 0500            www.foxgold.ca

The Company relies on legislation applicable to forward looking statements, seeking safe HARBOUR

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Running Fox Resource Corp.

PRODUCER
CODE : RUN.V
ISIN : CA7815861025
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Running Fox is a gold exploration company based in Canada.

Running Fox produces gold, natural gas and oil in Canada, and holds various exploration projects in Canada.

Its main asset in production is PINCHER CREEK in Canada and its main exploration properties are BRETT and NEW MEXICO PROJECT in Canada.

Running Fox is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 millions as of today (US$ 822 566, € 749 193).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.30, and its lowest recent point on August 09, 2019 at CA$ 0.01.

Running Fox has 54 770 548 shares outstanding.

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Corporate Presentations of Running Fox Resource Corp.
4/2/2006Corporate presentation
Annual reports of Running Fox Resource Corp.
2007 Annual Report
Financings of Running Fox Resource Corp.
8/14/2008Completion of Private Placement Financing at $0.40 for 550,0...
Nominations of Running Fox Resource Corp.
3/2/2011Appoints New Director/Geologist
12/14/2007Appoints New Auditors, and 9 Month Revenues of $4.5 Million
Financials of Running Fox Resource Corp.
10/27/2007Third Quarter Revenues $1,580,903
Project news of Running Fox Resource Corp.
1/19/2012(Brett)Brett Gold Project Selected as Case Study for PhD Thesis
8/26/2011Drilling Upzone From Prior 16 Meters 35 Grams Gold, 55 feet ...
6/16/2011(Brett)Brett Project Update and Advisory Panel
3/24/2011(New Mexico Project)New Mexico Project Drilling
3/2/2011(New Mexico Project)Drilling To Advance Uranium/Vanadium Joint Venture
2/21/2011(Brett)TSX-V Approves High Grade Gold Project-SEE DRILL TABLE BELOW
9/21/2009To Acquire Diamond Drilling Company
Corporate news of Running Fox Resource Corp.
8/28/2013Reorganization / Share Consolidation
1/18/2012(Brett)Brett Gold Progress Update
4/5/2011Completes Gold and Silver Acquisition: SEE DRILL INTERCEPTS ...
3/10/2011CEO Remains As Head of Geology
3/3/2011Appoints Silver Wheaton Geologist as Director
4/6/2010Financing and TSX Approval
7/31/2009Processing Resumes For Pincher Creek Natural Gas Field
7/22/2009Swaps Adjoining U.S.A. Uranium Lode Mineral Claims
3/4/2009Annual Revenues Grow To Over $9,000,000.00
8/1/2008First Six Months Revenues $3.56 Million
5/28/2008A Diversified Energy Entity: Completes Acquisition of Wireli...
4/1/20082007 Results: $6.486 Million in Revenues, Growth in Assets
3/19/2008A Diversified Energy Entity: Acquires Specialty Oilfield Ser...
9/7/2007Environmental Services Division Awarded Saskatchewan Project
7/30/2007Acquires Key Uranium Mining Claims in New Mexico, United Sta...
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