SEC FORM 4

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^*

BV NATURAL RESOURCES, LLC

(Last)

(First)

(Middle)

P.O. BOX 51298

(Street)

IDAHO FALLS

83405

(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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON SHARES	09/21/2016		J⁽¹⁾		393,058	A	$0.19⁽²⁾	32,086,210	D
COMMON SHARES	09/21/2016		J⁽¹⁾		93,288	A	$0.24⁽³⁾	32,179,498	D
COMMON SHARES	12/05/2016		M		87,818	A	$0.14	32,267,316	D
COMMON SHARES	12/05/2016		M		76,723	A	$0.14	32,344,039	D
COMMON SHARES	12/05/2016		M		122,142	A	$0.11	32,466,181	D
COMMON SHARES	12/05/2016		M		667,520	A	$0.11	33,133,701	D
COMMON SHARES	12/05/2016		M		104,119	A	$0.13	33,237,820	D
COMMON SHARES	12/05/2016		M		111,762	A	$0.15	33,349,582	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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	D
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	D
Warrants (Right to Buy)	$0.11	12/05/2016		X			18,699	11/26/2013	12/01/2016	Common Shares	18,699	$0	0	D
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	D
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	D
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	D
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	D
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	D
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	D
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	D
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	D
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	D
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	D

Explanation of Responses:

1. The Issuer issued to the Reporting Person 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.

	BV Natural Resources, LLC by its authorized signatory	12/21/2016
	** Signature of Reporting Person	Date
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