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NUVO announces third quarter 2008 financial results


interest on

debentures 295 173 729 476

Loss on


of convertible

debenture 299 - 299 -

Gain on sale of

assets - (508) - (508)

Other 408 - 147 (69)

Net change in

non-cash working

capital balances 1,400 (71) 1,058 (598)

Proceeds from


arrangements and

advances on

research contracts 1,093 40 1,093 40




ACTIVITIES 283 (3,013) (4,954) (9,478)



Acquisition of

property, plant and

equipment (36) (31) (120) (220)

Proceeds from sale

of assets - - 28 -



INVESTING ACTIVITIES (36) (31) (92) (220)



Issuance of common

shares and warrants,

net of related costs (1) 18,493 946 23,823

Issuance of debentures,

net of related costs 1,932 - 1,932 -

Repayments of

debentures, long-term

debt and capital lease

obligations (548) (113) (608) (668)


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

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