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PRESS RELEASE: I-Minerals Inc. withdraws application to issue bonus shares pursuant to new loan agreement

| Quelle: Dow Jones Newsw... | Lesedauer etwa 3 min. | Text vorlesen Stop Pause Fortsetzen


DGAP-News: I-Minerals Inc. / Key word(s): Miscellaneous
I-Minerals Inc. withdraws application to issue bonus shares pursuant to new
loan agreement
2019-11-22 / 22:04
The issuer is solely responsible for the content of this announcement.

Vancouver, British Columbia(Newsfile Corp. - November 22, 2019) -
*I-Minerals Inc. (TSXV: IMA) (OTCQX: IMAHF) (the "Company") *announces,
further to its November 4, 2019 news release, that it has withdrawn its
application to the TSX Venture Exchange in respect of the potential issuance
of bonus shares pursuant to its new loan agreement negotiated with a company
controlled by its Chairman, Allen Ball (the "Lender") pursuant to
negotiations with the Lender.

*About I-Minerals Inc.*

I-Minerals is a Canadian based exploration and development company that is
advancing the Helmer-Bovill kaolin-halloysite-quartz-potassium feldspar
property in north central Idaho.

*I-Minerals Inc.*

per: "_John Theobald_"

John Theobald,
*President & CEO*

Contact:
*
I-Minerals Inc.*

Barry Girling
877-303-6573 or 604-303-6573 x 102
Email: info@imineralsinc.com
Or visit our website at www.imineralsinc.com [1]

Paul J. Searle, Investor Relations
877-303-6573 or 604-303-6573 x 113
Email: PSearle@imineralsinc.com *
*

*NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.*

This News Release includes certain "forward looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of
1995. Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward looking statements that involve various risks. Actual
results could differ materially from those projected as a result of the
following factors, among others: changes in the world wide price of mineral
market conditions, risks inherent in mineral exploration, risk associated
with development, construction and mining operations, the uncertainty of
future profitability and uncertainty of access to additional capital.

To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/50004 [2]

Click on, or paste the following link into your web browser,to view the
associated documents http://www.newsfilecorp.com/release/50004
News Source: Newsfile

2019-11-22 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: I-Minerals Inc.

Canada
ISIN: CA44973V1022
EQS News ID: 920269

End of News DGAP News Service

920269 2019-11-22


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=8a9b74c396daf151e59153f8b86eeb95&application_id=920269&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e4d7373a906ba6790d27fe913d741f67&application_id=920269&site_id=vwd&application_name=news


(END) Dow Jones Newswires

November 22, 2019 16:04 ET ( 21:04 GMT)
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