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Transition Therapeutics Announces First Quarter Fiscal 2009 Financial Results


Net loss and comprehensive loss for the

period (5,032,796) (4,098,978)


Basic and diluted net loss per common

share $(0.22) $(0.18)




For the three-month period ended September 30, 2008 and year ended

June 30, 2008


Number of Share Contributed

Shares Capital Surplus


# $ $

Balance, July 1, 2007 21,230,741 133,988,318 4,487,752


Adjustment to opening deficit

for change in accounting policy

related to financial instruments - - -

Issued pursuant to private

placement, net 1,736,107 23,968,567 -

Issued as additional consideration

regarding Ellipsis

Neurotherapeutics Inc. 174,123 1,890,976 -

Stock options exercised or

cancelled 45,736 414,679 4,499

Stock-based compensation expense - - -

Net loss and comprehensive loss

for the year - - -


Balance, June 30, 2008

SOURCE Transition Therapeutics Inc.
Copyright©2008 PR Newswire.
All rights reserved

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