Company: ITMSF
Filing Date: 2025-09-16
Form Type: F-10
Source: 0001493152-25-013556
Chunk: 22

Company: INTERMAP TECHNOLOGIES CORP
Filing Date: 2025-09-16
Form: F-10
Chunk 22
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 conversion rights and the Common Shares are not subject to redemption. All Common Shares currently outstanding and to be outstanding upon the exercise of any securities convertible into Common Shares, are or will be, fully paid and non-assessable.

| 9 |

<div align='center'>DESCRIPTION OF PREFERRED SHARES</div>

The particular terms and provisions of any class of Preferred Shares offered pursuant to a Prospectus Supplement will be described in such Prospectus Supplement. Any Preferred Shares offered pursuant to a Prospectus Supplement will be of a new class of preferred shares. Prior to an offering of Preferred Shares pursuant to a Prospectus Supplement, the Corporation would need to amend its articles to create the Preferred Shares, which would require a special resolution of the holders of Common Shares. Any Prospectus Supplement for Preferred Shares will set forth the terms and other information with respect to the Preferred Shares being offered thereby, including:

| (a) | the                                     
 offering price of the Preferred Shares; |

| (b) | the                                                                              
 title and designation of the number of shares of the series of Preferred Shares; |

| (c) | the                                                                                             
 dividend rate or method of calculation, the payment dates for dividends and the place or        
 places where the dividends will be paid, whether dividends will be cumulative or noncumulative, 
 and, if cumulative, the dates from which dividends will begin to accumulate;                    |

| (d) | any                                        
 conversion or exchange features or rights; |

| (e) | whether                                                                                     
 the Preferred Shares will be subject to redemption and the redemption price and other terms 
 and conditions relative to the redemption rights;                                           |

| (f) | any                 
 liquidation rights; |

| (g) | any                      
 sinking fund provisions; |

| (h) | any            
 voting rights; |

| (i) | whether                                                                      
 the Preferred Shares will be issued in fully registered or “book-entry only” 
 form;                                                                        |

| (j) | any                                                                                      
 other rights, privileges, restrictions and conditions attaching to the Preferred Shares; 
 and                                                                                      |

| (k) | any                                                       
 other specific terms applicable to such Preferred Shares. |

<div align='center'>DESCRIPTION OF DEBT SECURITIES</div>

The following description of the terms of Debt Securities sets forth certain general terms and provisions of Debt Securities in respect of which a Prospectus Supplement may be filed. The particular terms and provisions of Debt Securities offered by any Prospectus Supplement, and the extent to which the general terms and provisions described below may apply thereto