Filed by Avantafile.com - I-Minerals Inc. - Exhibit 10.13









THIS AMENDING AGREEMENT is
made as of October 25, 2017.


AMONG:



  I-Minerals Inc.,
    a body corporate, continued under the laws of Canada, having its head office at
    Suite 880 – 580 Hornby Street, Vancouver, British Columbia, Canada V6C 3B6

  (hereinafter called
    the “Company”)



OF THE FIRST PART


AND:



  i-minerals
    USA Inc., an Idaho limited liability company, having an office c/o the
    Company, at Suite 880 – 580 Hornby Street, Vancouver, British Columbia, Canada
    V6C 3B6

  (hereinafter called
    the “Subsidiary”)



OF THE SECOND PART


AND:



  BV Lending,
    LLC, an Idaho limited liability company, having its head office at Suite
    201 – 901 Pier View Drive, Idaho Falls, Idaho, U.S.A. 83402

  (hereinafter called
    “BV”)



OF THE THIRD PART


WHEREAS:


	A.

	Pursuant to an agreement among the parties dated June 1, 2016 (hereinafter called the “Loan Agreement”), BV agreed to advance certain funds to the Company to advance its Bovill Kaolin Project located in the State of Idaho, U.S.A.;





	B.

	The parties wish to amend certain of the provision of the Loan Agreement on the terms and conditions hereinafter set forth;





	C.

	The Subsidiary is a wholly-owned subsidiary of the Company and is the legal owner of the Helmer Bovill Property hosting the Bovill Kaolin Project in the State of Idaho, U.S.A., as referred to in Recital A. herein;




NOW THEREFORE
THIS AMENDING AGREEMENT WITNESSETH  that in
consideration of these presents and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged by each of the
parties, the parties hereby agree as follows:





	1.

	As consideration for BV agreeing to amend the Loan Agreement as provided for herein, the Company hereby agrees to pay BV a loan extension fee of one percent (1%) of the total amount of the Indebtedness.  The parties agree that the amount of the loan extension fee is $168,151.93 U.S., and that this amount will be added to and form part of the Indebtedness.





	2.

	The reference to the date December 31, 2018 in sub-paragraph 4.01(c)(ii)(A) of the Loan Agreement is amended to read December 31, 2019.





	3.

	The reference to the date December 2, 2017 in sub-paragraph 7.01(a) of the Loan Agreement is amended to read March 31, 2019.





	4.

	Schedule A to the Loan Agreement is amended to read as follows:




SCHEDULE A 


	 	 	 	 	2016	 	 	 	 
	 	
  Actual
  	
  June  	
  July  	
  August  	
  September  	 October
	
  November  	
  December  
	 	 	
  $300,000  	
  $300,000  	
  $200,000  	
  $300,000  	 $145,000
	
  $175,000  	
  Nil  




	 	 	 	 	2017	 	 	 	 
	 	
  Actual
  	
  January  	
  February  	
  March  	
  April  	
May 	
  June  	
  July  
	 	 	
  Nil  	
  $125,000  	
  $120,000  	
  $150,000  	
Nil 	
  $130,000  	
  $120,000  
	 	 	 	 	 	 	 	 	 
	 	 	
  August  	
  September  	
  October  	 	 	 	 
	 	 	
  $150,000  	
  $150,000  	
  $200,000  	 	 	 	 
	 	 	 	 	 	 	 	 	 




	 	 	 	 	2017	 	 	 	 
	 	
  Budget
  	 	 	
  November  	
  December  	 	 	 
	 	 	 	 	
  $200,000  	
  $200,000  	 	 	 
	 	 	 	 	 	 	 	 	 



	5.

	The parties agree that this Amending Agreement and the payment of the loan extension fee as provided for herein is subject to the Company receiving acceptance from the Exchange therefor.  In that regard, the Company agrees to make the required application to the Exchange for said acceptance forthwith upon the execution and delivery of this Amending Agreement by each of the parties hereto.





	6.

	Capitalized terms used herein and not otherwise defined have the same meanings as contained in the Loan Agreement.





	7.

	Except as amended by this Amending Agreement, all of the other terms and conditions of the Loan Agreement remain in full force and effect.








	8.

	Each of the parties agrees to do and/or execute all such further and other acts, deeds, things, devices, documents and assurances and may be required in order to carry out the true intent and meaning of this Amending Agreement.





	9.

	This Amending Agreement and any certificate or other writing delivered in connection herewith may be executed in any number of counterparts and any party hereto may execute any counterpart, each of which when executed and delivered will be deemed to be an original and all of which counterparts of this Amending Agreement or such other writing, as the case may be, taken together, will be deemed to be one and the same instrument.  The execution of this Amending Agreement or any other writing by any party hereto will not become effective until each party hereto has executed a counterpart of this Amending Agreement or any other writing, as the case may be.





	10.

	Each of the parties hereto will be entitled to rely upon delivery by facsimile of executed copies of this Amending Agreement and any certificates or other writings delivered in connection herewith, and such facsimile copies will be legally effective to create a valid and binding agreement between the parties in accordance with the terms and conditions of this Amending Agreement.





	11.

	This Amending Agreement shall enure to the benefit of and be binding upon the parties hereto and each of their successors and permitted assigns, as the case may be.




IN WITNESS WHEREOF this
Amending Agreement has been executed as of the day and year first above
written.

	
  Executed by
I-Minerals Inc.

  in the presence of:  	 	 
	

/s/ Barry Girling                                              

  Authorized Signatory
	 	 
	 	 	 
	
  Executed by
i-minerals USA Inc.

  in the presence of:  	 	 
	

/s/ Barry Girling                                              

  Authorized Signatory
	 	 
	 	 	 
	
  Executed by
BV Lending, LLC

  By:      Ball Ventures, LLC, an Idaho limited liability company, the Member

              Per:      /s/ Cortney Liddiard                

                          Cortney Liddiard, CEO  	 	 








	 	DATED: October 25, 2017	 
	 	 	 
	 	 	 
	 	Among:

      I-Minerals Inc.

      OF THE FIRST PART

      And:

      i-minerals USA Inc.

      OF THE SECOND PART

      And:

      BV Lending, LLC

    OF THE THIRD PART
	 
	 	 	 
	 	 	 
	 	AMENDING AGREEMENT (TO LOAN AGREEMENT

    DATED FEBRUARY 18, 2015)	 
	 	 	 
	 	 	 
	 	Tupper Jonsson & Yeadon

      1710 - 1177 West Hastings Street

        Vancouver, B. C.

        V6E 2L3

    Telephone: (604) 640-6355