Running Fox Subsidiary Selected to Test New Proprietary
Bio-Remediation Solutions
RUNNING FOX RESOURCE CORP. TSX-V "RUN" OTC "RFXRF" Frankfurt
"C8Q"
Thursday May 31, 2007
Running Fox Subsidiary Selected to Test New Proprietary
Bio-Remediation Solutions
Trent Moore, Vice President, reports:
Claymore Field Services has been chosen to test and if successful,
bring to market, a suite of new proprietary bio-remediation solutions
designed to clean a wide variety of oil and gas contaminated soils.
Claymore's team is experienced in bringing new ideas to the sector
for field trials and for this unique purpose, Claymore has been
approved by a multinational energy company to test the innovative
solutions on a contaminated site in Alberta. Claymore is considering
and assessing the North American rights and the overall size of the
market. The solutions have been working very well in other small
private tests and it is time to test it extensively in the Canadian
energy sector. Naturally occurring, live "bugs" do the cleaning by
simply reproducing and eating. Further information will be disclosed
as it develops.
Progress in Audit of Annual Financial Statements
Progress is being made by the Company's independent auditing team,
however a recurring illness has caused delays. Regulatory authorities
have contacted the auditor and have given an extension to the filing
date, within which the auditor has committed to finalize the
statements.
Running Fox is an energy sector Canadian small cap company with three
distinct divisions:
1. Energy Sector Field Services and Technology;
2. Oil and Natural Gas Exploration and Production; and
3. Uranium and Gold Mineral Projects.
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, and seeks safe harbour. The TSX-V has neither approved
nor disapproved of this news release.
