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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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) 12/15/2015
	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	12/15/2015		J(1)		2,948,431	A	$0.18(1)(2)	29,373,841	I	by BV Natural Resources, LLC
COMMON SHARES	01/05/2016		J(2)		198,750	A	$0.17(2)(3)	29,572,591	I	by BV Natural Resources, LLC
COMMON SHARES	01/05/2016		J(2)		287,987	A	$0.18(2)(3)	29,860,578	I	by BV Natural Resources, LLC
COMMON SHARES	01/05/2016		J(2)		126,843	A	$0.17(2)(3)	29,987,421	I	by BV Natural Resources, LLC
COMMON SHARES	01/05/2016		J(2)		133,231	A	$0.16(2)(3)	30,120,652	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	01/05/2016		J(2)		198,750		01/05/2016	12/31/2018(4)	Common Shares	198,750	$0(2)(4)	198,750	I	by BV Natural Resources, LLC
Warrants (Right to Buy)	$0.19	01/05/2016		J(2)		192,206		01/05/2016	12/31/2018(4)	Common Shares	192,206	$0(2)(4)	192,206	I	by BV Natural Resources, LLC
Warrants (Right to Buy)	$0.19	01/05/2016		J(2)		126,843		01/05/2016	12/31/2018(4)	Common Shares	126,843	$0(2)(4)	126,843	I	by BV Natural Resources, LLC
Warrants (Right to Buy)	$0.16	01/05/2016		J(2)		133,231		01/05/2016	12/31/2018(4)	Common Shares	133,231	$0(2)(4)	133,231	I	by BV Natural Resources, LLC
Warrants (Right to Buy)	$0.21	01/05/2016		J(2)		95,781		01/05/2016	12/31/2018(4)	Common Shares	95,781	$0(2)(4)	95,781	I	by BV Natural Resources, LLC

Explanation of Responses:

1. The Issuer issued 2,948,431 shares at a deemed price of CAD$0.252 (approx. USD$0.18) per share in settlement of CAD$743,005 (approx. USD$541,205) accrued interest, which transaction is exempt under Rule 16b-3(d) of the Securities Exchange Act of 1934.

2. The Issuer issued 746,811 bonus shares and 746,811 bonus warrants as partial consideration for cash advances made under the terms of a loan agreement between the Issuer, i-minerals USA Inc. and BV Lending, LLC dated February 18, 2015, which transaction is exempt under Rule 16b-3(d) of the Securities Exchange Act of 1934.

3. The bonus shares were issued for no additional consideration at deemed prices ranging from CAD$0.22 to CAD$0.255 per share.

4. The bonus warrants are exercisable for common shares of the Issuer at prices ranging from CAD$0.22 to CAD$0.291 per share expiring on the earlier of December 31, 2018 and the date the amount of the individual advance pursuant to which the bonus warrants were issued has been repaid in full.

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	01/06/2016
	** Signature of Reporting Person	Date
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