I-Minerals Inc.

Recent News

  • I-Minerals Submits Amended Operations and Reclamation Plan to Idaho Department of Lands

    Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - I-Minerals Inc. (TSXV: IMA) (OTC Pink: IMAHF) ("the Company") is pleased to announce that it has submitted its amended Operations and Reclamation Plan (the "ORP") for its halloysite - kaolin Bovill Project to the Idaho Department of Lands (the"IDL") for approval. I-Minerals mineral tenure is through State of Idaho Mineral leases administered through the IDL and accordingly the IDL is the primary permitting agency. As announced...

    2020-09-01 9:00 AM EDT
  • I-Minerals Inc. Negotiates Additional Funding Pursuant to Loan Agreement

    Vancouver, British Columbia--(Newsfile Corp. - July 2, 2020) -  I-Minerals Inc. (TSXV: IMA) (OTC Pink: IMAHF) announces that it has negotiated an extension to its existing loan agreement with a company controlled by its Chairman Allen Ball, pursuant to which an additional $1,200,000 US will be advanced in tranches through December 2020, with the monthly advances from September through December 2020 being conditional upon the Company having completed its Operations and Reclamation Plan for its Bovill Kaolin Project, with such...

    2020-07-02 4:19 PM EDT
  • I-Minerals Inc. Negotiates Repayment of Outstanding Indebtedness

    Vancouver, British Columbia--(Newsfile Corp. - June 5, 2020) -  I-Minerals Inc. (TSXV: IMA) (OTCQB: IMAHF) announces that the repayment date for loans from a company controlled by its Chairman Allen Ball amounting to approximately $$29,310,809, together with all accrued and unpaid interest thereon, has been extended until December 15, 2020.About I-Minerals Inc.I-Minerals is a Canadian based exploration and development company that is advancing the Helmer-Bovill kaolin-halloysite property in north central Idaho.I-Minerals Inc.per: "John Theobald" John Theobald,President & CEOContact:I-Minerals Inc.Barry Girling877-303-6573...

    2020-06-05 5:09 PM EDT
  • I-Minerals Completes Pre-Feasibility Study of its Halloysite - Metakaolin Project NPV(10%) US$48 million and IRR 20% (Before Tax)

    Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) -  I-Minerals Inc. (TSXV: IMA) (OTCQB: IMAHF) ("the Company") is pleased to announce that it has received the results of the Pre-Feasibility Study ("PFS") for its Bovill halloysite and metakaolin project. The Bovill Project is strategically located within five miles of state highways with commercial distributions of electricity and natural gas already near the property boundary. The PFS was led by Millcreek Engineering , who were responsible for overall project...

    2020-03-03 8:00 AM EST
  • I-Minerals Provides Pre-Feasibility Study Update

    Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - I-Minerals lnc. (TSXV: IMA) (OTCQB: IMAHF) (FSE: 61M) (the "Company") is pleased to provide a status update on its ongoing pre-feasibility study ("PFS") on the Bovill Kaolin halloysite & metakaolin project. Millcreek Engineering of Salt Lake City, UT, has completed the site layout, processing plant design and is in the final stages of estimating the operating and capital costs. Mine Development Associates (MDA) has completed the mine...

    2020-01-22 8:00 AM EST
  • I-Minerals Inc. Issues Additional Bonus Shares Pursuant to a Loan Agreement

    Vancouver, British Columbia--(Newsfile Corp. - December 17, 2019) - I-Minerals Inc. (TSXV: IMA) (OTCQB: IMAHF) (the "Company") announces that it has issued an additional 1,054,097 bonus shares to a company controlled by Allen Ball, the Chairman and a Director of the Company, in respect of cash advances totaling $2,500,000 U.S. made pursuant to a loan agreement. The bonus shares were issued at deemed prices ranging from $0.095 Cdn. to $0.19 Cdn. per share. All of the bonus shares...

    2019-12-17 4:00 PM EST
  • I-Minerals Inc. withdraws application to issue bonus shares pursuant to new loan agreement

    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...

    2019-11-22 4:04 PM EST
  • I-Minerals Inc. Negotiates New Loan Agreement and Renegotiates Repayment of Outstanding Indebtedness

    Vancouver, British Columbia--(Newsfile Corp. - November 4, 2019) - I-Minerals Inc. (TSXV: IMA) (OTCQB: IMAHF) (the "Company") announces that it has negotiated a new loan agreement with a company controlled by its Chairman Allen Ball (the "Lender"), pursuant to which up to an additional $700,000 U.S. will be advanced to the Company by the Lender in tranches, such advances to be considered secured loans accruing interest at the rate of 14% per annum calculated and paid semi-annually from the...

    2019-11-04 12:48 PM EST