Running Fox Resource Corp.

Published : August 01st, 2008

First Six Months Revenues $3.56 Million

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Keywords :   Gold | Growth | Natural Gas | Oil | Uranium |
Running Fox Resource Corp. TSX-V "RUN" , OTC "RFXRF", Frankfurt "C8Q"
 
Running Fox First Six Months Revenues $3.56 Million
Thursday  July 31, 2008
 
Trent Moore, Vice President, reports:
 
Running Fox management is pleased to release 2008 first six months financial statements on SEDAR, ending May 31, 2008.
 
For the six period ended 31 May 2008, the Company's revenues were $3,568,772 and earnings (EBITDA) were $106,732.
This compares favorably to 2007 revenues of $2,986,631 and an EBITDA loss of  $440,037 for the 2007 comparative period. The second quarter three months are typically the Company's slowest revenue generating period due to the annual spring thaw breakup road bans on the movement of heavy equipment.
 
The revenues were generated from natural gas and condensate production and from oilfield services. The improvement was mainly due to the increase in oilfield services being offered by the Company's subsidiaries, and to increased natural gas prices.
 
Overall, during the period and compared to the prior period, field service labour and expenses have decreased.
 
On the technology side, the  Company has tested its Version3 Wire Dryers, its largest drill-fluid recyclers utilizing proprietary technology. These units were recently out on a field test in Northern BC with a large international energy company to demonstrate the technology.  Further third-party electrical and hydraulic component modifications will be installed prior to the next commercial demonstration, although recent improvements in concept were validated.
 
Running  Fox is a Canadian growth-oriented small cap company that also owns oil and gas, uranium, and high grade gold projects.
 
The Company has 41.2 million shares issued and outstanding after recent acquisitions.
 

On behalf of the Board  of Directors:  Trent Moore, VP, Running Fox Resource Corp.
403 742 0527  www.foxgold.ca
 
The Company relies on legislation  applicable to forward  looking statements, and seeks safe harbour.  The TSX-V has neither approved nor  disapproved of this news release.

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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TSX-V (RUN.V)FRANKFURT (C8Q.F)
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Produces Natural gas
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Explores for Gold
 
 
 
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