v3.22.4

Condensed Interim Consolidated Balance Sheets - USD ($)	Jan. 31, 2023	Apr. 30, 2022
Current assets
Cash	$ 15,177	$ 14,029
Receivables	10,497	19,584
Prepaids	3,149	23,079
Assets held-for-sale	1,999,524	1,952,012
TOTAL ASSETS	2,028,347	2,008,704
Current liabilities
Accounts payable and accrued liabilities	1,518,112	1,250,188
Promissory notes due to related party	35,757,356	34,776,937
Liabilities held-for-sale	217,014	152,864
TOTAL LIABILITIES	37,492,482	36,179,989
CAPITAL DEFICIT
Issued and fully paid: 93,730,212 (April 30, 2022 – 93,730,212)	19,225,087	19,225,087
Additional paid-in capital	1,865,342	1,865,342
Deficit	(56,554,564)	(55,261,714)
TOTAL CAPITAL DEFICIT	(35,464,135)	(34,171,285)
TOTAL LIABILITIES AND CAPITAL DEFICIT	$ 2,028,347	$ 2,008,704

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

I-Minerals Inc 10-Q