June 30, 2020 / 11:00 AM / 4 days ago

BRIEF-Titan Pharmaceuticals - Cash Resources Are Only Sufficient To Fund Operations Through Q3 Of This Year

June 30 (Reuters) - Titan Pharmaceuticals Inc:

* TITAN PHARMACEUTICALS - CO’S CURRENT CASH RESOURCES ARE ONLY SUFFICIENT TO FUND OPERATIONS THROUGH Q3 OF THIS YEAR

* TITAN PHARMACEUTICALS - HAVE ABOUT 5 MILLION AUTHORIZED SHARES REMAINING, INSUFFICIENT TO UNDERTAKE FINANCINGS NECESSARY TO FUND OPERATIONS BEYOND NEXT 3 MONTHS

* TITAN PHARMA - APPROVAL OF AMENDMENT PROPOSAL TO INCREASE NUMBER OF AUTHORIZED SHARES OF STOCK IS "CRITICAL" TO ENABLE CO TO CONTINUE COMMERCIAL OPERATIONS Source text for Eikon: bit.ly/3eNfrqD Further company coverage:

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