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Helix BioPharma Announces Q3 2009 Financial Results and Provides Product Development Update
Date:6/15/2009

(0.11) Consolidated Statements of Cash Flows for the three and nine month periods ended April 30, 2009 and 2008 ($thousands) Three months Nine months ended April 30 ended April 30 2009 2008 2009 2008 Cash provided by (used in): Loss for the period (4,134) (1,139) (10,707) (4,309) Items not involving cash: Amortization of capital assets 64 61 191 190 Amortization of intangibles 3 3 9 13 Stock-based compensation 234 12 865 36 Foreign exchange loss / (gain) 67 (220) 199 (265) (3,766) (1,283) (9,443) (4,335) Change in non-cash working capital 211 (884) 1,014 (548) Operating activities (3,555) (2,167) (8,429) (4,883) Financing activities - - 9,659 14,614 Investing activities (416) (42) (490) (101) Effect of exchange rate changes on cash (67) 220 (199) 265 Increase in cash (4,038) (1,989) 541 9,895 Cash: Beginning of the period 23,636 23,263 19,057 11,379 End of the period 19,598 21,274 19,598 21,274

The Company's unaudited interim consolidated financial statements and management's discussion and analysis of financial condition and results of operations will be filed today with Canadian securities regulatory authorities and will be available on SEDAR at www.sedar.com. They will also be ava
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