Longtai Medical Acquires Common Shares of Titan Medical Inc.

Vancouver, British Columbia--(Newsfile Corp. - August 1, 2017) - Longtai Medical Inc. ("Longtai") announces today that it has entered into a subscription agreement to acquire 16,892,000 units ("Units") of Titan Medical Inc. (TSX: TMD) ("Titan") at a price of $0.15 per Unit (the subscription, the "Acquisition"). Each Unit is comprised of one common share in the capital of Titan (a "Common Share") and a purchase warrant (a "Warrant"), exercisable to acquire one additional Common Share of Titan...

2017-08-01 6:54 PM EDT