SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BALL ALLEN L

(Last) (First) (Middle)
5465 SOUTH 5TH W

(Street)
IDAHO FALLS ID 83404

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
I-Minerals Inc [ IMAHF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/21/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON SHARES 09/21/2016 J(1) 393,058 A $0.19(2) 32,086,210 I By BV Natural Resources, LLC
COMMON SHARES 09/21/2016 J(1) 93,288 A $0.24(3) 32,179,498 I By BV Natural Resources, LLC
COMMON SHARES 12/05/2016 M 87,818 A $0.14 32,267,316 I By BV Natural Resources, LLC
COMMON SHARES 12/05/2016 M 76,723 A $0.14 32,344,039 I By BV Natural Resources, LLC
COMMON SHARES 12/05/2016 M 122,142 A $0.11 32,466,181 I By BV Natural Resources, LLC
COMMON SHARES 12/05/2016 M 667,520 A $0.11 33,133,701 I By BV Natural Resources, LLC
COMMON SHARES 12/05/2016 M 104,119 A $0.13 33,237,820 I By BV Natural Resources, LLC
COMMON SHARES 12/05/2016 M 111,762 A $0.15 33,349,582 I By BV Natural Resources, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (Right to Buy) $0.19(2) 09/21/2016 J(1) 393,058 09/21/2016 12/31/2018(4) Common Shares 393,058 $0(1) 393,058 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.24(3) 09/21/2016 J(1) 93,288 09/21/2016 12/31/2018(4) Common Shares 93,288 $0(1) 93,288 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(4) 12/05/2016 X 18,699 11/26/2013 12/01/2016 Common Shares 18,699 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(4) 12/05/2016 X 155,342 03/15/2013 12/01/2016 Common Shares 155,342 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(4) 12/05/2016 X 76,752 04/24/2013 12/01/2016 Common Shares 76,752 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(4) 12/05/2016 X 86,985 06/13/2013 12/01/2016 Common Shares 86,985 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(4) 12/05/2016 X 178,761 07/31/2013 12/01/2016 Common Shares 178,761 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(4) 12/05/2016 X 150,981 09/03/2013 12/01/2016 Common Shares 150,981 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.11(5) 12/05/2016 X 122,142 01/23/2013 12/01/2016 Common Shares 122,142 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.13(6) 12/05/2016 X 104,119 07/11/2013 12/01/2016 Common Shares 104,119 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.14(7) 12/05/2016 X 76,723 12/03/2012 12/01/2016 Common Shares 76,723 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.14(8) 12/05/2016 X 87,818 11/05/2012 12/01/2016 Common Shares 87,818 $0 0 I By BV Natural Resources, LLC
Warrants (Right to Buy) $0.15(9) 12/05/2016 X 111,762 10/03/2013 12/01/2016 Common Shares 111,762 $0 0 I By BV Natural Resources, LLC
Explanation of Responses:
1. The Issuer issued to the BV Natural Resources, LLC an additional 486,346 bonus shares and an additional 486,346 non-transferable bonus warrants in respect of cash advances totaling $1,300,000 US made pursuant to certain loan agreements. The bonus warrants are exercisable at prices ranging from $0.255 Cdn. to $0.310 Cdn., and will expire on the earlier of December 31, 2018 and the date the amount of the individual advance pursuant to which the bonus warrants were issued, together with all accrued interest thereon, has been repaid in full.
2. $0.255 CAD deemed purchase price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7584 USD for every $1.00 CAD as of September 21, 2016.
3. $0.310 CAD deemed purchase price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7584 USD for every $1.00 CAD as of September 21, 2016.
4. CAD$0.14 exercise price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7995 at February 27, 2015.
5. CAD$0.14266 exercise price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7995 at February 27, 2015.
6. CAD$0.165 exercise price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7995 at February 27, 2015.
7. CAD$0.17 exercise price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7995 at February 27, 2015.
8. CAD$0.17223 exercise price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7995 at February 27, 2015.
9. CAD$0.185 exercise price converted to USD based on the Bank of Canada's noon rate of exchange of $0.7995 at February 27, 2015.
Remarks:
Prices above reflect US dollar amounts converted from Canadian dollar amounts. The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of any of the equity securities listed in this statement for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
Allen L. Ball 12/21/2016
** Signature of Reporting Person Date
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