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EX-99 - NEWS RELEASE - INTERNATIONAL BARRIER TECHNOLOGY INCex99.htm






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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934



Date of Report (Date of Earliest Event Reported): October 14, 2011



INTERNATIONAL BARRIER TECHNOLOGY INC.

(Exact Name of Registrant as Specified in its Charter)



British Columbia, Canada

000-20412

N/A

(State or other jurisdiction of incorporation)

(Commission File  Number)

(IRS Employer Identification No.)


750 West Pender Street, #604

Vancouver, British Columbia, Canada

 

V6C 2T7

(Address of principal executive offices)

 

(Zip Code)


Registrant's telephone number, including area code:  604-689-0188


N/A

(Former Name or Former Address if Changed Since Last Report)



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


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Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

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




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Item 7.01  FD Disclosure.


October 14, 2011 – Watkins, MN International Barrier Technology Inc. (“Barrier”) (IBTGF: OTCBB; IBH: TSXV), a manufacturer of proprietary fire-resistant building materials, is pleased to release Fiscal Year End 2011 financial results.  Sales revenue generated for the fiscal period increased 25% from $2,606,254 to $3,256,019.  Barrier is reporting net income of $895,811, or $0.02 per share, compared to a net loss of ($2,329,567), or ($0.07) per share fully diluted in the prior fiscal year period.


Sales volume of shipments of Barrier products for the fiscal year ending June 30, 2011 was 6,962,300 sq. ft.  This is an increase of 39% over the 5,002,700 sq. ft. that was shipped during fiscal 2010.  Shipments into the Residential Roof Deck/Wall Assembly/Structural Insulated Panel Market, distributed as LP® FlameBlock® Fire-Rated OSB Sheathing, increased 55% and shipments into the Commercial Modular Market, distributed as MuleHide FR Deck Panel, increased 29%.


Refer to Exhibit #99.1 for additional information.


In accordance with General Instruction B.2 of Form 8-K, the information in this report, including the exhibits attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“the Exchange Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:


99.1  October 14, 2011 Press Release




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.


Date: October 20, 2011


International Barrier Technologies Inc.

(Registrant)


/s/ Michael Huddy                                              

(Signature)

(Michael Huddy, President/CEO/Director)




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