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SemBioSys announces first quarter 2008 financial and operational results


Repayment of long-term debt (152,546) (183,969)

Proceeds from long-term debt 634,900 -

Repayment of repayable advances - (85,640)

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Cash provided by financing activities 456,220 14,282,840

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Investing activities

Acquisition of property and equipment (544,844) (444,816)

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Cash used in investing activities (544,844) (444,816)

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Increase (decrease) in cash and cash

equivalents (4,159,235) 12,477,478

Cash and cash equivalents - Beginning of

period 20,444,013 16,328,459

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Cash and cash equivalents - End of period 16,284,778 28,805,937

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Supplemental Information

Cash interest received 100,607 603,639

Cash interest paid 28,755 51,422

Non-cash transactions

Capital items included in accounts

payable 112,838 469,161

Share issue costs include

SOURCE SemBioSys Genetics Inc.
Copyright©2008 PR Newswire.
All rights reserved

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