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RSDS - Announces Completion of 504

Russell Industries: Closes 504
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10:46 a.m. 05/23/2007
HOUSTON, TX, May 23, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission will be concluded on June 1, 2007.

"The response from accredited investors was overwhelming and the equity capital raised has enabled Russell Industries to operate, acquire uranium mine claims and build a foundation for future mining, acquisitions and validation of proven and probable reserves of the assets", Rick Berman, President and CEO.

About Russell Industries, Inc.

Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of May 23, 2007.