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YM BIOSCIENCES REPORTS FIRST QUARTER 2008 OPERATIONAL AND FINANCIAL RESULTS
Date:11/11/2007

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exercise of warrants - 1,875 4,371,555

Repayment of debenture - - (1,469,425)

Net proceeds from issuance

of shares and warrants - - 123,276,729

Issuance of common shares on

exercise of options - - 2,516,246

Redemption of preferred

shares - - (2,630,372)

Purchase of shares for

cancellation - - (1,029,679)

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- 1,875 125,035,054

Investing activities:

Purchase of short-term

deposits, net 19,294,697 33,959,585 (50,235,816)

Proceeds on sale of

marketable securities - - 1,404,450

Additions to capital and

intangible assets - (1,630) (577,315)

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19,294,697 33,957,955 (49,408,681)

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Increase (decrease) in cash

and cash equivalents 14,768,047 39,550,343 (19,151,215)

Net cash assumed on

acquisition - - 39,766,613

Cash and cash equivalents,

beginning of period 5,847,351 2,735,317 -

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Cash and cash equivalents,

end of period $ 20,615,398 $ 42,285,660 $ 20,615,398

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

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