Vancouver  BC – December 1  2015 - I-Minerals Inc (TSXV: IMA  OTCQX: IMAHF) (the “Company”) announces that a company controlled by Allen Ball  the Chairman and a director of the Company  has elected to have accrued interest for the period from June 1  2015 to November 30  2015 settled by the issuance of common shares in the capital of the Company