Running Fox Resource Corp. TSX-V "RUN" , OTC "RFXRF", Frankfurt "C8Q"
Thursday August 14, 2008
Completion of Private Placement Financing at $0.40 for 550,000 Units
Wayne Waters, on behalf of the Board of Directors reports:
Running Fox is a Canadian growth-oriented small cap company with revenues from oilfield services and it also owns oil and gas, uranium, and high grade gold projects. First nine month revenues were $3.568 Million from oilfield services and from natural gas production and sales.
Running Fox has closed a small private placement financing of 550,000Units at $0.40 per unit, to members of the management of the Company and to a few key associates following Running Fox's acquisition of Accurate Technologies (Wireline Well Logging and Perforations).
The Units are priced at 40 cents for a share and a warrant, exercisable at 40 cents in the first year and 50 cents in the second year. The TSX Venture Exchange has approved the financing.
The shares and warrants are not flow-through shares, and no commissions were paid.
On behalf of the Board of Directors: Wayne Waters, Running Fox Resource Corp.
403 742 0527
www.foxgold.ca
The Company relies on legislation applicable to forward looking statements, seeking safe harbour.
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Running Fox Resource Corp.
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PRODUCTEUR |
CODE : RUN.V |
ISIN : CA7815861025 |
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Running Fox est une société d’exploration minière d'or basée au Canada. Running Fox est productrice d'or, de gaz et de pétrole au Canada, et détient divers projets d'exploration au Canada. Son principal projet en production est PINCHER CREEK au Canada et ses principaux projets en exploration sont BRETT et NEW MEXICO PROJECT au Canada. Running Fox est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,1 millions CA$ (822 566 US$, 749 193 €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,30 CA$, et son plus bas niveau récent le 09 août 2019 à 0,01 CA$. Running Fox possède 54 770 548 actions en circulation. |