Sept 27 (Reuters) - Titan Medical Inc TMD.TO :
* Titan medical provides corporate update
* Says currently anticipates closing Q3 ending September 30, 2016 with approximately us $8.5 million in cash
* Says board continues its active search to recruit a new chairperson
* Says engaged executive search firm for purpose of assisting in identification and qualification of chief operating officer
* Says continuing an ongoing program of board renewal Source text for Eikon: ID:nMKWBf4Rka Further company coverage: TMD.TO