Company: ITMSF
Filing Date: 2025-09-16
Form Type: F-10
Source: 0001493152-25-013556
Chunk: 28

Company: INTERMAP TECHNOLOGIES CORP
Filing Date: 2025-09-16
Form: F-10
Chunk 28
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 same redemption and other provisions as the Debt Securities so transferred or exchanged. Exchanges of Debt Securities of any series may be made at the offices of the applicable Trustee and at such other places as the Corporation may from time to time designate with the approval of the applicable Trustee and may be specified in the applicable Prospectus Supplement. Unless otherwise specified in the applicable Prospectus Supplement, the applicable Trustee will be the registrar and transfer agent for the Debt Securities issued under the applicable Debt Indenture.

<div align='center'>DESCRIPTION OF SUBSCRIPTION RECEIPTS</div>

A Subscription Receipt will entitle the holder thereof to receive a Common Share and/or other Securities, for no additional consideration, upon the completion of a particular transaction or event, typically an acquisition of the assets or securities of another entity by the Corporation or one or more of its subsidiaries. The subscription proceeds from an offering of Subscription Receipts will be held in escrow by an escrow agent pending the completion of the transaction or the termination time (the time at which the escrow terminates regardless of whether the transaction or event has occurred). Holders of Subscription Receipts will receive Common Shares and/or other Securities upon the completion of the particular transaction or event or, if the transaction or event does not occur by the termination time, a return of the subscription funds for their Subscription Receipts together with any interest or other income earned thereon. Holders of Subscription Receipts are not shareholders of the Corporation.

The particular terms and provisions of Subscription Receipts offered by any Prospectus Supplement, and the extent to which the general terms and provisions described below may apply thereto, will be described in the Prospectus Supplement filed in respect of such Subscription Receipts. This description will include, where applicable:

| (a) | the                              
 number of Subscription Receipts; |

| (b) | the                                                       
 price at which the Subscription Receipts will be offered; |

| (c) | the                                                                                          
 designation and terms of the Securities that may be acquired on exchange of the Subscription 
 Receipts;                                                                                    |

| (d) | the                                                                                              
 procedures for the exchange of the Subscription Receipts into Common Shares or other Securities; |

| (e) | the                                                                                                 
 number of Common Shares or other Securities that may be obtained upon exercise of each Subscription 
 Receipt;                                                                                            |

| 14 |

| (f) | the                                                                                            
 designation and terms of any other Securities with which the Subscription Receipts will be     
 offered, if any, and the number of Subscription Receipts that will