Titan Medical Provides Corporate Update (Titan Medical Inc)
(WorldNews Canada)

(Source: Titan Medical Inc) Titan Medical Provides Corporate Update Sep 27,2016 TORONTO, ON-(Marketwired - September 27, 2016) - Titan Medical Inc. (TSX: TMD) (OTCQX: TITXF), a medical device company focused on the design and development of a robotic surgical system for application in minimally invasive surgery (MIS), today provided an update of corporate activities and operational progress. On September 20 2016, Titan completed a public offering of units which raised approximately US $7.2 million from US and Canadian investors. As a result of the transaction, management currently anticipates closing the third quarter ending September 30, 2016 with approximately US $8.5 million in cash. `As...