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ARIUS announces second quarter fiscal 2008 financial results


Leasehold inducement - -

Non-cash stock-based

compensation 866,895 434,620

Accretion of convertible

debentures - -

Loss on extinguishment of

debt - -

Services received for common

shares - -

Write-off of investment - -

Interest expense paid in

common shares - -

Change in non-cash operating

working capital items (674,854) 1,221,090


(6,000,304) (3,541,381)

Financing activities:

Issue of shares, warrants and

units, net of issuance costs 305,486 -

Issuance of convertible bridge

loan, net - -

Repayment of convertible bridge

loan, including costs - -

Exercise of compensation

warrants 1,697,446 -

Exercise of stock options 153,917 -

Draw of bank line of credit - -

Repayment of bank line of

credit - -

Bridge loan - -

Repayment of bridge loan - -

Repayment of capital lease

and equipment financing

obligations (12,630) (17,433)


2,144,219 (17,433)

Investing activities:

Purchase of short-term


SOURCE ARIUS Research Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

1. ARIUS presents new findings for anti-cancer antibody programs at AACR
2. ARIUS announces first quarter fiscal 2008 financial results
3. ARIUS 2008 Annual and Special Meeting of Shareholders
4. ARIUS recognized for entrepreneurial excellence
5. ARIUS announces five abstracts selected for presentation at 2008 AACR Annual Meeting
6. ARIUS presents new findings showing therapeutic antibody inhibits human leukemic cancer stem cells
7. Laureate Announces Manufacturing Agreement with ARIUS for Trop-2 Targeting Antibody
8. ARIUS announces manufacturing Agreement with Laureate Pharma For Trop-2 targeting antibody
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11. ARIUS to Hold Fourth Quarter and Year End 2007 Conference Call
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