Brief: Intermap says lender Vertex to invest additional $2 mln in co

Intermap Technologies

19/09/2016 13:33

Sept 19 (Reuters) - Intermap Technologies Corp  IMP.TO : 
    * Intermap announces refinancing and appointment of new 
directors 
    * Existing lender Vertex will invest an additional $2.0 
million in company 
    * Company has adopted no further guidance disclosure policy 
until it is profitable and its debt burden has been reduced 
    * Patrick Blott has been named executive chairman of board 
    * Says new promissory note that bears interest at 15% per 
annum is due and payable on September 15, 2017 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCNW679lTa 
Further company coverage:  IMP.TO  
 
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