I-Minerals Inc. announced that it Mr. John Theobald has been appointed President and CEO of the Company. Mr. Theobald's unique combination of capital markets and industrial minerals experience will be relied upon to continue the development of the Helmer-Bovill Property. Most recently he was a director of High Peak Royalties Ltd, director, CEO &COO of London and Anglo Pacific Group plc, and served as Chairman of First Coal Corporation which was successfully sold to Xstrata plc for CAD 147 million.

From 1999 to 2008 he held a number of senior positions with Sibelco. The outgoing CEO and President, Thomas Conway, will continue to service as a director of the Company.