Titan Medical Inc (TMDIF)

[FISH21049]

'Titan Medical ... has entered into a Common Share Purchase Agreement ... with Aspire Capital Fund ...where Aspire Capital has committed to purchase up to US$35.0 million of common shares of Titan at Titan’s request from time to time, until June 23, 2021 This new Agreement replaces the prior Common Share Purchase Agreement announced on August 29, 2019, which has been terminated upon entering into this Agreement.

wondering what the august 2019 agreement covered in terms of time and amounts !

Also, will they be around in 2021 or is this just a way of getting some pocket money to pay salaries and bills?

From the price movement, doesn't appear that this is any promising news for the share price !

JMO