UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT ~~REPORTPursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~REPORT

~~Date~~Pursuant ofto ~~Report~~Section 13 or 15(~~Date~~d) of the ~~earliest~~Securities ~~event~~Exchange ~~reported):~~Act ~~March~~of ~~5, 2020~~1934

~~I-MINERALS~~Date ~~INC.(Exact name~~ of ~~registrant~~Report as(Date ~~specified~~of inearliest ~~its~~event ~~charter~~reported): September 14, 2022

CANADA	000-55321	20-4644299
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
Suite 880, 580 Hornby Street Vancouver, BC		V6C 3B6
(Address of principal executive offices)		(Zip Code)
Registrant's telephone number, including area code		(877) 303-6573

I-MINERALS INC.

~~N/A~~(~~Former~~Exact name orof ~~former~~registrant ~~address,~~as specified ifin ~~changed~~its ~~since last report~~charter)

Canada	000-55321	20-4644299
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Suite 1100, 1199 West Hastings Street Vancouver, BC		V6E 3T5
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code		(877) 303-6573

880 – 580 Hornby Street, Vancouver, BC, V6C 3B6

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

SECTION 71 – ~~REGULATION~~REGISTRANT’S FDBUSINESS AND OPERATIONS

ITEM 71.01 ~~REGULATION~~ENTRY FDINTO ~~DISCLOSURE.~~A MATERIAL DEFINITIVE AGREEMENT

~~On March 3, 2020, I-Minerals Inc. (the “Company”) issued a news release disclosing the~~Stock ~~results~~Purchase ofAgreement ~~the Pre-Feasibility Study (the “PFS”) on its Bovill Project located in Idaho, USA.. The details of the PFS are set forth in the news release dated March 3, 2020 included as Exhibit 99.1.~~

~~This~~On September ~~information~~14, is2022, ~~furnished~~I-Minerals ~~pursuant to Item 7~~Inc.01 of(the ~~Form~~“Company”) ~~8-K~~entered ~~and~~into ~~shall~~a ~~not~~stock bepurchase ~~deemed~~agreement ~~to be "filed" for~~ (the ~~purposes~~“Stock ofPurchase ~~Section~~Agreement”) 18with ofBV ~~the Securities Exchange Act of 1934~~Lending, ~~as amended~~LLC, oran ~~otherwise~~Idaho ~~subject~~limited to liability ~~under that section~~company, ~~nor~~(“BV ~~shall~~Lending”) itand ~~be deemed incorporated by reference into any filing under~~ the ~~Securities~~ ~~Act~~Company’s ~~of 1933~~subsidiary, i-minerals ~~as amended~~USA, ~~except~~Inc. as(“i-minerals ~~shall~~USA”), bean ~~expressly~~Idaho ~~set~~company ~~forth~~that byowns ~~specific~~the ~~reference~~leases that incomprise ~~such~~the ~~filing.~~Helmer-Bovill ByProperty. ~~filing~~Under ~~this~~the ~~report~~terms onof ~~Form~~the ~~8-K~~Stock ~~and~~Purchase ~~furnishing this information~~Agreement, the Company ~~makes~~has noagreed to ~~admission~~sell asall toof the ~~materiality~~issued ~~of any~~and ~~information~~outstanding incommon ~~this~~shares ~~report~~of ~~that~~i-minerals isUSA ~~required~~ to beBV Lending ~~disclosed~~(the ~~solely by reason of Regulation FD~~“Transaction”).

~~SECTION~~In 9consideration –of ~~FINANCIAL~~all ~~STATEMENTS~~of ~~AND~~the ~~EXHIBITS~~issued and outstanding shares of i-minerals USA, each of the Company and BV Lending agreed that:

~~ITEM~~• 9Immediately prior to closing of the Transaction, the Company will contribute to i-minerals USA an intercompany debt owed by i-minerals USA to the Company in the amount of approximately US$25.017 ~~FINANCIAL~~million, ~~STATEMENTS~~resulting ~~AND~~in ~~EXHIBITS~~the cancellation of the outstanding indebtedness. • At the closing of the Transaction, the Company will sell all of the shares of i-minerals USA to BV Lending for an amount equal to $3,000,000 (the “Share Value”). • The Share Value will be satisfied by BV Lending on a non-cash basis by the set off of an equal amount of debt owed by the Company to BV Lending (the “Set Off”). • Immediately following the Set Off, BV Lending will transfer to the Company the balance of the debt owed by the Company to BV Lending (which debt was approximately US$35.4 million before the Set Off). • Previously entered into loan agreements dated June 1, 2016, September 11, 2018 and October 25, 2019 among the Company, BV Lending and i-minerals USA, including all security granted thereunder, will be terminated and/or discharged. • The Company will be subject to non-competition and non-solicitation covenants in favour of BV Lending for a period of five years commencing on closing of the Transaction. • The Transaction is subject to the approval of the Transaction by shareholders of the Company (the “Shareholders”) and the TSX Venture Exchange.

As part of the Transaction, BV Lending has agreed to pay taxes that will become payable by the Company as a result of the Transaction (dapproximately US$450,000). In ~~Exhibits~~consideration for such payment by BV Lending, the Company will issue a promissory note in favor of BV Lending for the amount of the taxes so paid. The promissory note will be repaid out of any refund received by the Company from the applicable government agency.

~~The~~Following ~~following~~the ~~exhibit~~completion isof ~~either~~the Transaction, ~~provided~~the ~~with~~Company ~~this~~will ~~Current~~not ~~Report~~have orany mineral properties due to the sale ~~are~~of ~~incorporated~~i-minerals ~~herein~~USA, bywhich ~~reference:~~owns the Helmer-Bovill Property. Accordingly, the Company will need to identify and, if successful, acquire a new business.

Exhibit Number	Description of Exhibit
99.1	News Release dated March 3, 2020.

Closing of the Transaction is subject to a number of key conditions including shareholder approval, TSX Venture Exchange approval, no more than 5% of the shareholders exercising their dissenting rights and other such other conditions that are customary for this type of Transaction.

~~SIGNATURE~~BV Lending is a non-arm’s length party to the Company. It is a company founded by Mr. Allen L. Ball, who is a former director and a significant shareholder holding approximately 39.4% of the issued and outstanding shares of the Company.

~~Pursuant~~The toforegoing ~~the~~description ~~requirements~~ of the ~~Securities~~Stock ~~Exchange~~Purchase ~~Act~~Agreement ofis ~~1934,~~not ~~the~~purported ~~registrant~~to ~~has~~be ~~duly~~complete ~~caused~~and ~~this~~is ~~report~~qualified toin ~~be signed on~~ its ~~behalf~~entirety by reference to the complete ~~undersigned~~text ~~hereunto~~of ~~duly~~such ~~authorized~~agreement attached as exhibits hereto.

	I-MINERALS INC.
Date: March 5, 2020
	By:	"W. Barry Girling”
		W. Barry Girling
		Director

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

The following exhibits are either provided with this Current Report or are incorporated herein by reference:

Exhibit Number	Description of Exhibit
10.1	Stock Purchase Agreement dated September 14, 2022.
99.1	News Release dated September 15, 2022.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

I-MINERALS INC.

By:

Date: September 19, 2022

“John Theobald”

John Theobald

Chief Executive Officer, President and Director

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