IMA I Minerals Inc

I-Minerals Inc. (TSX VENTURE:IMA)(OTCQX:IMAHF) (the "Company") announces that it
has issued an additional 412,193 bonus shares and an additional 412,193
non-transferable bonus warrants to a company controlled by a director in respect
of cash advances totaling $1,200,000 U.S. pursuant to a loan agreement announced
on September 20, 2013, as amended in January 2014. The bonus shares were issued
at deemed prices ranging from $0.1725 to $0.2175 Cdn. per share. The bonus
warrants are exercisable at prices ranging from $0.276 to $0.305 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, has 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 December 1,
2014.


The Company also announces that the company to which the bonus shares and bonus
warrants disclosed above have been issued has elected to have accrued interest
in the amount of $211,937.08 U.S. settled by the issuance of 741,233 common
shares in the capital of the Company at a deemed price of $0.2859 U.S. per
share, subject to regulatory acceptance, as provided for in the loan agreement
pursuant to which this interest has been accrued. All of these shares will be
subject to a hold period in Canada for a period of four months and one day from
the date of issuance.


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.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Barry Girling
877-303-6573 or 604-303-6573
info@imineralsinc.com
www.imineralsinc.com

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