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YM BIOSCIENCES REPORTS 2007 YEAR END OPERATIONAL AND FINANCIAL RESULTS
Date:9/23/2007

rchase of

shares for

cancellation - - (779,909) (1,029,679)

Net proceeds

from issuance

of shares and

warrants - 42,622,618 18,884,120 123,276,729

-------------------------------------------------------------------------

100,607 47,101,370 17,176,506 125,035,054

Investing

activities:

Short-term

deposits,

net 15,881,679 (55,529,720) (14,988,521) (69,530,513)

Proceeds on

sale of

marketable

securities - 2,211 - 1,404,450

Additions to

property and

equipment and

intangible

assets (127,162) (54,791) (27,034) (577,315)

-------------------------------------------------------------------------

15,754,517 (55,582,300) (15,015,555) (68,703,378)

-------------------------------------------------------------------------

Increase

(decrease) in

cash and cash

equivalents 3,112,034 (32,491,222) (10,033,981) (33,919,262)

Net cash assumed

on acquisition - 34,540,166 5,226,447 39,766,613

Cash and cash

equivalents,

beginning of

period 2,735,317 686,373 5,493,907 -

-------------------------------------------------------------------------

Cash and cash

equivalents,

end of

period $ 5,847,351 $ 2,735,317 $ 686,373 $ 5,847,351

-------------------------------------------------------------------------

-------------------------------------------------------------------------

Non-cash

items:

Issuance of

common

shares on

Delex

acquisi-

tion
'/>"/>

SOURCE YM BioSciences Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

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