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Transition Therapeutics Announces First Quarter Fiscal 2009 Financial Results
Date:11/10/2008

23,186,707 160,262,540 4,492,251

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Stock options exercised or

cancelled 28,453 208,558 -

Stock-based compensation expense - - -

Net loss and comprehensive loss

for the three-month period ended

September 30, 2008 - - -

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Balance, September 30, 2008 23,215,160 160,471,098 4,492,251

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Total

Stock Shareholders'

Options Deficit Equity

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$ $ $

Balance, July 1, 2007 1,538,396 (89,691,569) 50,322,897

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Adjustment to opening deficit

for change in accounting policy

related to financial instruments - 1,650,000 1,650,000

Issued pursuant to private

placement, net - - 23,968,567

Issued as additional consideration

regarding Ellipsis

Neurotherapeutics Inc. - - 1,890,976

Stock options exercised or

cancelled (166,534) - 252,644

Stock-based compensation expense 1,721,873
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SOURCE Transition Therapeutics Inc.
Copyright©2008 PR Newswire.
All rights reserved

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