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

Freitag, 22.11.2019 22:05 von DGAP - Aufrufe: 168

DGAP-News: I-Minerals Inc. / Key word(s): Miscellaneous I-Minerals Inc. withdraws application to issue bonus shares pursuant to new loan agreement 22.11.2019 / 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Inc. (TSXV: IMA) (OTCQX: IMAHF) (the "Company") announces, further to its November 4, 2019 news release, that it has withdrawn its application to the TSX Venture Exchange in respect of the potential issuance of bonus shares pursuant to its new loan agreement negotiated with a company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 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.

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

169

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

22.11.2019 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  22.11.2019 

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