Intermap Technologies Corp T.IMP

Alternate Symbol(s): ITMSF

Technology Software - Application

Intermap Technologies Corporation provides geospatial intelligence solutions, focused on the creation and analysis of three-dimensional (3D) terrain data to produce high-resolution thematic models. The Company provisions diverse, complementary, multi-source datasets to enable customers to integrate geospatial intelligence into their workflows. Its 3D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand their terrain environment. Its primary business activities include data acquisition and collection; value-added data products and services, which leverage its NEXTMap database, together with software and fusion technologies, and commercial applications and solutions, including a webstore and software sales. The Company serves defense, aviation and UAV flight planning, flood and wildfire insurance, disaster mitigation, base mapping, and others.

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Intermap Technologies Corp

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Comment by edftyuion Jan 04, 2017 9:23am

162 Views

Post# 25665062

RE:RE:RE:RE:RE:RobertKU

CTBlizzard--Yes, the $6mln will go towards paying off the $6mln bridge loan, but they will still have $6mln in new capital as a result of the transactions ($6mln from bridge loan + $6mln from equity offering - $6mln from paying back the bridge load).

You understand that I'm sure, just wanted to be clear.

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