News
Capital Raising Update & 4C Quarterly Cash Flow Report
October 31, 2006
Attached is the Appendix 4C - Quarterly
Cash Flow Report for Living Cell Technologies (ASX:LCT)
for the quarter ended 30 September 2006.
The cash balance at the end of the quarter was $2,070,462
compared to $2,956,379 at the end of the quarter to 30 June 2006.
the company expects to boost its cash reserves through a capital
raising of at least US$6m from US investors in the present quarter,
subject to shareholder approval, to propel the company into its clinical
trial program.
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