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BRIEF-Neovasc Says Will Require Additional Working Capital To Continue To Operate Business

Published 2019-03-21, 04:42 p/m
Updated 2019-03-21, 04:50 p/m
© Reuters.  BRIEF-Neovasc Says Will Require Additional Working Capital To Continue To Operate Business

March 21 (Reuters) - Neovasc Inc NVCN.TO :

* NEOVASC ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2018 FINANCIAL RESULTS

* NEOVASC - AS AT DECEMBER 31, 2018 CO HAD CASH AND CASH EQUIVALENTS OF $9.2 MILLION VERSUS CASH AND CASH EQUIVALENTS OF $17.5 MILLION AS AT DECEMBER 31, 2017

* NEOVASC INC - AS AT DECEMBER 31, 218, COMPANY IS IN A POSITIVE WORKING CAPITAL POSITION OF $2.5 MILLION

* NEOVASC INC - COMPANY WILL REQUIRE ADDITIONAL WORKING CAPITAL IN ORDER TO CONTINUE TO OPERATE ITS BUSINESS

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