Off-market insider buying at iMetal Resources (IMR)

Off-market insider buying at iMetal Resources (V:IMR)

The following insiders acquired Common Shares at a price of $0.050 and Warrants exercisable at a price of $0.060 for a period of 24 months through a private transaction on April 11th, 2017:

Pieter Danielsson, a 10% Holder, acquired 3,200,000 Common Shares and 3,200,000 Warrants on a direct ownership basis. This represents a $160,000 investment into the company's shares and an account share holdings change of 47.8%.

Johan Grandin, a Senior Officer, acquired 2,800,000 Common Shares and 2,800,000 Warrants on a direct ownership basis. This represents a $140,000 investment into the company's shares and an account share holdings change of greater than 100%.

Scott Davis, a Senior Officer, acquired 730,000 Common Shares and 730,000 Warrants on an indirect ownership basis for registered holder S.C. Davis Ltd. This represents a $36,500 investment into the company's shares and an account share holdings change of greater than 100%.

Mark Fedikow, a Director, acquired 200,000 Common Shares and 200,000 Warrants on a direct ownership basis. This represents a $10,000 investment into the company's shares and an account share holdings change of 85.2%.

iMetal Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

iMetal Resources Inc., formerly Adroit Resources Inc., is an exploration and development stage mineral resource company. The Company is engaged in the exploration and development of mineral properties. The Company is focused on finding and developing diamond and base metal resources in various areas of the world. The Company has approximately eight owned properties located in Ontario and Quebec, Canada. It owns Carheil Property, which is located approximately 280 kilometers north-northwest of Val-d'Or, Quebec. The Carheil Property encompasses approximately 5,400 acres. The Company is exploring for precious and base metals in the South Timmins/Shining Tree/Temagami/Cobalt areas of North-Eastern Ontario. The Temagami North Property consists of non-contiguous mining claim units in the New Liskeard/Cobalt kimberlite field in the north-eastern Ontario. The Company has not generated any revenues.