BRIEF-Intermap says lender Vertex to invest additional $2 mln in co

Mon Sep 19, 2016 8:43am EDT
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Sept 19 (Reuters) - Intermap Technologies Corp :

* 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: Further company coverage: