An announcement from Intermap Technology ( (TSE:IMP) ) is now available.
Intermap Technologies announced the successful closing of a $12 million financing deal, consisting of a ‘bought deal’ LIFE offering and a concurrent private placement. The proceeds will be used to enhance working capital and execute government contracts, allowing the company to accelerate its programs and improve service offerings.
More about Intermap Technology
Founded in 1997 and headquartered in Denver, Colorado, Intermap Technologies is a global leader in geospatial intelligence solutions. The company focuses on creating and analyzing 3D terrain data to produce high-resolution thematic models, enabling customers to integrate geospatial intelligence into their workflows through advanced software analytic capabilities.
YTD Price Performance: 4.94%
Average Trading Volume: 110,874
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$142.1M
For an in-depth examination of IMP stock, go to TipRanks’ Stock Analysis page.
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