Copyright © 2021
iMinerals Inc.
All rights reserved.
iMinerals Inc.
All rights reserved.
January 22, 2015
Vancouver, B.C. — January 22, 2015 - I-Minerals Inc. (TSX.V: IMA; OTCQX: IMAHF) (the “Company”)
announces that it has issued an additional 360,567 bonus shares and an
additional 360,567 non-transferable bonus warrants to a company
controlled by a director in respect of cash advances totaling $900,000
U.S. pursuant to a loan agreement. The bonus shares were issued at a
deemed price of $0.20 Cdn. per share. The bonus warrants are
exercisable at prices ranging from $0.217 to $0.25 Cdn., and will expire
on the earlier of December 1, 2016 and the date the amount of the
individual advance pursuant to which the bonus warrants were issued,
together with all accrued interest thereon, had 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 May 14, 2015.
I-Minerals Inc.
Per: “Thomas M. Conway”
Thomas M. Conway,
President & CEO
The securities referred to in this news release have not been, nor
will they be, registered under the United States Securities Act of 1933,
as amended, and may not be offered or sold within the United States or
to, or for the account or benefit of, U.S. persons absent U.S.
registration or an applicable exemption from the U.S. registration
requirements. This news release does not constitute an offer for the
sale of securities, nor a solicitation for offers to buy any securities.
Any public offering of securities in the United States must be made
by mean of a prospectus containing detailed information about the
company and management, as well as financial statements.
Contact: | I-Minerals Inc. | |
Barry Girling | Paul J. Searle, Investor Relations | |
877-303-6573 or 604-303-6573 extension 102 | 877-303-6573 or 604-303-6573 extension 113 | |
Email: info@imineralsinc.com Or visit our website at www.imineralsinc.com |
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 may contain forward-looking statements based on
assumptions and judgments of management regarding future events or
results that may prove to be inaccurate as a result of risk factors
beyond its control, and actual results may differ materially from the
expected results.