Neovasc Inc. Reports Exercise of 4.6 Million Warrants for Net Proceeds of $1.4 Million

VANCOUVER, April 26 /PRNewswire-FirstCall/ - Neovasc Inc. (TSXV: NVC), today announced that 4,635,114 warrants, issued as part of the Company's April 2009 financing, have been exercised. In that financing, Neovasc issued units that included 4,761,902 whole warrants entitling the holders to purchase one common share of Neovasc at a price of $0.30 for a period of up to 12 months after the close of the financing. Participants in this financing included members of the Frost Group LLC and company management.
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