06:46:05 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



I-Minerals Inc
Symbol IMA
Shares Issued 89,331,598
Close 2017-03-29 C$ 0.46
Market Cap C$ 41,092,535
Recent Sedar Documents

I-Minerals issues bonus shares, warrants to lender

2017-03-29 16:34 ET - News Release

Mr. Thomas Conway reports

I-MINERALS INC. ISSUES BONUS SHARES AND BONUS WARRANTS PURSUANT TO LOAN AGREEMENT

I-Minerals Inc., further to its March 14, 2017, news release, has issued 40,761 bonus shares and 40,761 non-transferable bonus warrants to an arm's-length lender pursuant to a loan agreement. The bonus shares were issued at a deemed price of 46 cents per share, and the bonus warrants are exercisable at a price of 46 cents per share and will expire on the earlier of Dec. 31, 2018, and the date the amount of the advance pursuant to which the bonus warrants were issued together with all accrued interest thereon has been repaid in full. All of the bonus shares and any additional shares which may be issued pursuant to the exercise of the bonus warrants are subject to a hold period in Canada until July 29, 2017.

About I-Minerals Inc.

I-Minerals is developing multiple deposits of high-purity, high-value halloysite, quartz, potassium feldspar and kaolin at its strategically located Helmer-Bovill property in north-central Idaho.

We seek Safe Harbor.

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