Intermap Announces Granting of Warrants and TSX Application

Posted by Rich Mohr

Jan 22, 2015 9:03:44 AM

DENVER, January 22, 2015 - (TSX:IMP) - Intermap Technologies Corporation (“Intermap” or the “Company”), announces that in connection with the promissory note financing completed on January 15, 2015 (the “Financing”) (see the Company’s press release dated January 16, 2015), the Corporation has granted the lender 1,469,834 warrants to purchase Class A common stock of the Company at an exercise price of $0.08 per common stock for a period of three years from the date of issuance.

This news release does not constitute an offer to sell any of Intermap’s securities.

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Topics: Financial Results, Investors

Intermap Completes US$500,000 Debt Financing

Posted by Rich Mohr

Jan 16, 2015 8:16:02 AM

DENVER, January 16, 2015 - (TSX:IMP) - Intermap Technologies Corporation ("Intermap" or the "Company"), announces that on January 14, 2015, it completed a private placement debt financing for aggregate proceeds of US$500,000 (the "Debt Financing").

The Debt Financing matures on January 14, 2016. Simple interest is payable at maturity at an annual rate of 18.0%. In addition, the Company undertook to issue up to 6,000,000 warrants to purchase common shares of the Company, upon and subject to TSX approval. Details with respect to the issuance of the warrants will be provided in due course.

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Topics: Financial Results, Investors

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