Intermap Technologies Files Prospectus Supplement

The prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents are accessible through SEDAR+

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DENVER, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Intermap Technologies Corporation (TSX: IMP; OTCQB: ITMSF) ("Intermap" or the "Company"), a global leader in 3D geospatial products and intelligence solutions, announced today that it has filed a prospectus supplement (the "Prospectus Supplement") to its short form base shelf prospectus dated September 15, 2025 (the "Base Shelf Prospectus") with respect to its previously announced bought deal public offering of 8,334,000 Class A common shares (the "Common Shares") at a price of $3.00 per Common Share, for aggregate gross proceeds to the Company of $25,002,000 (the "Offering").

The Prospectus Supplement has been filed in each of the provinces of Canada (other than Québec) pursuant to National Instrument 44-102 – Shelf Distributions. The Common Shares are being qualified for distribution in each of the provinces of Canada (other than Québec) pursuant to the Prospectus Supplement and in the United States on a private placement basis to "Qualified Institutional Buyers" (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the "1933 Act")) pursuant to Rule 144A of the 1933 Act and in compliance with applicable state securities laws.

The Offering is being underwritten by a syndicate of underwriters led by Stifel Nicolaus Canada Inc., and including Canaccord Genuity Corp. and Beacon Securities Limited (collectively, the "Underwriters").

The Company has granted the Underwriters an over-allotment option, exercisable in whole or in part at any time up to 30 days after the closing date of the Offering, to purchase up to an additional 1,250,100 Common Shares, to cover over-allotments, if any, and for market stabilization purposes (the "Over-Allotment Option"). In the event that the Over-Allotment Option is exercised in its entirety, the aggregate gross proceeds of the Offering will be $28,752,300. The Offering is scheduled to close on or about September 29, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the conditional approval of the Toronto Stock Exchange ("TSX").