Running Fox Nine Month Revenues, EBITDA Earnings Up
(Thomson Reuters ONE) - Running Fox Nine Month Revenues, EBITDA Earnings UpRUNNING FOX RESOURCE CORP.TSX-V "RUN" U.S. OTC "RFXRF" Frankfurt "C8Q"Friday October 30, 2009Running Fox Nine Month Revenues, EBITDA Earnings UpSteven Schurman, CEO, U.S. Professional Geologist, reports:Running Fox has released its 2009 nine month results:RevenuesTotal revenues were $5,115,349 for the nine months which was a 3%increase over the prior year's nine months revenue of $4,978,617.EBITDA - Earnings Up 170 %For the nine months ended August 31, 2009, the Company's earningsbefore interest and amortization and depletion were $451,130.This is an increase of 170 % from $265,483 for the comparative periodin 2008.The Company also booked an accounting amount for amortization anddepletion of $473,717 for the 9 months.* Where the Company provides "Non-GAAP Financial Measures", readersshould note that the Non-GAAP Financial Measures do not have astandardized meaning prescribed by GAAP and is therefore unlikelyto be comparable to similar measures presented by other issuers.Management feels this information is useful to readers of thefinancial statements to evaluate the income on an operational basis.The Company welcomes Mr. Jeffrey Love, CGA as its new Chief FinancialOfficer, assuming duties from Mr. Robert Matheson who will stay on asan independent Director.Running Fox has 41.7 million shares outstanding, with positiveexposure to energy, uranium, and gold.Visit www.foxgold.ca for more information.On behalf of the Board of Directors: Steven Schurman, CEO, U.S.Prof. Geologist.Running Fox Resource Corp. 1.403.742.0527 website : www.foxgold.caThe Company relies on legislation applicable to forward lookingstatements, seeking safe harbour.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 30.10.2009 - 23:57 Uhr
Sprache: Deutsch
News-ID 7704
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