DENVER,
Aug. 30, 2013 /PRNewswire/ -
Intermap (TSX: IMP), (ITMSF:BB), a leading provider of
geospatial solutions on-demand created from its uniform,
high-resolution 3D digital models of the earth's surface, today
announced that the Company has completed the second and final
tranche of the conversion into common shares ("Common Shares") of
its US$2,500,000 convertible note
(the "Note"), originally issued on June 27,
2012, by way of a private placement (the "Note Financing").
For additional information regarding the Note Financing, please
refer to the Company's press releases dated June 28, 2012, and July 3,
2013, and to its quarterly and annual financial statement
filings.
Post-conversion, the Company will have 92,139,499 common shares
outstanding.
About Intermap
Headquartered in Denver,
Colorado - Intermap (www.intermap.com) is an industry leader
in geospatial solutions on demand with its secure, cloud based
Orion Platform™. Through its powerful suite of 3DBI applications
and proprietary development of contiguous databases that fuse
volumes of geospatial data into a single source, the Orion Platform
is able to provide location-based solutions for customers in
diverse markets around the world. For more information please visit
www.intermap.com.
SOURCE Intermap Technologies Corporation
