04:00 PM EST - I-Minerals Inc. : announced that a company controlled by a director has elected to have accrued interest in the amount of $215,439.20 settled by the issuance of 1,001,112 common shares in the capital of the Company at a deemed price of $0.2152 per share, subject to regulatory acceptance, as provided for in the formal loan agreement pursuant to which this interest has been accrued.
I-Minerals Inc.
shares V.IMA are trading up $0.025 at $0.30.