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Bioniche Reports Fiscal 2008 First Quarter
Date:11/9/2007

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

Balance, June 30,

2007 9,000,000 8,798,787 2,174,008 5,528,059

Transition adjustment - - - -

Net loss for the

period - - - -

Issued under employee

share ownership plan - - - -

Stock-based

compensation - - - 84,746

Shares issued to

directors - - - -

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

Balance, Sept. 30,

2007 9,000,000 8,798,787 2,174,008 5,612,805

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

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Cumulative

translation

Deficit adjustment Total

$ $ $

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

Balance, June 30,

2006 (53,869,621) (23,379) 23,350,19

Net loss for the

period (2,740,864) - (2,740,864)

Issued under employee

share ownership plan - - -

Stock-based

compensation - - 55,780

Revolving debt

principal payments

made in shares - - 155,434

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

Balance, Sept. 30,

2006 (56,610,485) (23,379) 20,820,54

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SOURCE Bioniche Life Sciences Inc.
Copyright©2007 PR Newswire.
All rights reserved

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