Mr. Michael Meyers reports

MARKET DISPOSITION OF SHARES OF RUNNING FOX RESOURCE CORP.

Michael Meyers, interim chief executive officer and president of Running Fox Resource Corp., has disposed of 10.5 million common shares in the capital of the company.

The disposition was conducted through the combined facilities of the Toronto Stock Exchange and TSX Venture Exchange at a price of one cent per share, for total aggregate consideration of $105,000.

Prior to the transaction, the acquiror beneficially owned and exercised control or direction over 15,663,823 shares, representing approximately 28.598 per cent of the issued and outstanding common shares of the company.

As a result of the transaction, the acquiror now beneficially owns and exercises control or direction over 5,163,823 shares, representing approximately 9.428 per cent of the issued and outstanding common shares of the company (based on an aggregate of 54,770,548 common shares outstanding). This represents a securityholding percentage change of approximately 19.17 per cent.

Consequently, the acquiror's ownership position has decreased below both the 20-per-cent control position threshold and the 10-per-cent early warning threshold.

While the acquiror will continue to file insider trading reports on SEDI in his capacity as a director/officer of the company, no further filings under Form 45-102F1 or Form 62-103F1 will be required for future market dispositions.

The shares were disposed of by the acquiror for investment purposes. The acquiror currently has no set plans or intentions that relate to any future acquisitions or dispositions, save and except that the acquiror may resign as a director/officer. Depending on market conditions, the business and financial condition of the company, and other relevant factors, the acquiror may, from time to time, further decrease his ownership, control or direction over common shares or other securities of the company through market transactions, private agreements, treasury issuances or otherwise in accordance with applicable securities laws.

This news release is being issued in accordance with the early warning requirements of National Instrument 62-104 and National Instrument 62-103.

In connection with the transaction, the acquiror previously filed a Form 45-102F1 (Notice of Intention to Distribute Securities) on May 19, 2026, pursuant to Section 2.8 of National Instrument 45-102, permitting the distribution of the shares.

An early warning report matching this news release will be filed under the company's profile on SEDAR+. Access the early warning report on SEDAR+ or, in the interim, to request a copy of the early warning report, contact Susan Laurio at 1-720-835-2739.