Intermap Technology (TSE:IMP) has released an update.
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Intermap Technologies is responding to higher demand by expanding its offering of Class ‘A’ common shares, aiming to increase the total number of shares available by 200,000 for a maximum of 7,349,444 shares. The company is set to close the final tranche of this offering by the week’s end, with proceeds intended for executing contracts, including a significant project with the Indonesian government and a renewed contract with the U.S. Air Force.
For further insights into TSE:IMP stock, check out TipRanks’ Stock Analysis page.
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