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Titan Medical Inc.

10:07 AM EST - Titan Medical Inc. : Has entered into an agreement with Bloom Burton Securities Inc. to increase the amount of its previously announced “bought deal” offering. The Underwriter has now agreed to purchase, on a "bought-deal" basis, 8,335,000 units of the Company at a price of $2.40 per Unit for aggregate gross proceeds of $20,004,000. Titan Medical Inc.

shares T.TMD are trading down $0.25 at $3.11.