AGENCY AGREEMENTAgency Agreement • June 11th, 2018 • Titan Medical Inc • Ontario
Bloom Burton Securities Inc. (the “Agent”) understands that Titan Medical Inc. (the “Corporation”) proposes to issue and sell a minimum of 33,333,333 units of the Corporation (the “Offered Units”) and up to a maximum of 50,000,000 Offered Units at a price of $0.30 per Offered Unit (the “Offering Price”) for aggregate gross proceeds of a minimum of $10,000,000 (the “Minimum Offering”) up to a maximum of $15,000,000 (the “Maximum Offering”). Each Offered Unit shall consist of (i) one Common Share (as defined herein) (a “Unit Share”) and (ii) one Common Share purchase warrant (a “Warrant”). Each Warrant shall be issued pursuant to and subject to the terms of the Warrant Indenture (as defined herein) Each Warrant shall entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of $0.35 per Warrant Share, subject to adjustment, at any time until 5:00 p.m. (Toronto time) on the date that is five years after the Initial Closing Date (as defined herein).
WARRANT INDENTURE Providing for the Issue of Common Share Purchase Warrants BETWEEN TITAN MEDICAL INC. - and - COMPUTERSHARE TRUST COMPANY OF CANADA Dated as of June 29, 2017Warrant Indenture • June 11th, 2018 • Titan Medical Inc • Ontario
WHEREAS the Company proposes to issue and sell up to 100,000,000 Warrants (as hereinafter defined) pursuant to the Prospectus (as hereinafter defined) and this Indenture;
WARRANT INDENTURE Providing for the Issue of Common Share Purchase Warrants BETWEEN TITAN MEDICAL INC. - and - COMPUTERSHARE TRUST COMPANY OF CANADA Dated as of March 16, 2017Warrant Indenture • June 11th, 2018 • Titan Medical Inc • Ontario
WHEREAS the Company proposes to issue and sell up to 10,733,600 Warrants (as hereinafter defined) pursuant to the Prospectus (as hereinafter defined) and this Indenture;
