Intercontinental Broadcasting Corporation

Forbes Gives High Ranks to IBC Bank

Retrieved on: 
Wednesday, July 21, 2021

IBC Bank in Texas was ranked #1 and IBC Bank in Oklahoma was ranked #3 in the fourth annual ranking.

Key Points: 
  • IBC Bank in Texas was ranked #1 and IBC Bank in Oklahoma was ranked #3 in the fourth annual ranking.
  • The financial institutions were scored on the basis of overall recommendations and satisfaction.
  • Five sub-dimensions also included were trust, terms and conditions, branch services, digital services and financial advice, according to the report.
  • IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with 186 facilities and 280 ATMs serving 87 communities in Texas and Oklahoma.

IBC Selected by Isondo Precious Metals to Supply SuperLig® Molecular Recognition Technology (MRT) System for Platinum Group Metals and Gold Production

Retrieved on: 
Monday, July 19, 2021

AMERICAN FORK, Utah, July 19, 2021 /PRNewswire/ --IBC Advanced Technologies, Inc. ("IBC") has been selected by Isondo Precious Metals ("IPM") to supply a fully integrated SuperLig Molecular Recognition Technology ("MRT") system to recycle Platinum Group Metals ("PGMs") and Gold at IPM's operational facility that is starting construction in Johannesburg, South Africa.

Key Points: 
  • AMERICAN FORK, Utah, July 19, 2021 /PRNewswire/ --IBC Advanced Technologies, Inc. ("IBC") has been selected by Isondo Precious Metals ("IPM") to supply a fully integrated SuperLig Molecular Recognition Technology ("MRT") system to recycle Platinum Group Metals ("PGMs") and Gold at IPM's operational facility that is starting construction in Johannesburg, South Africa.
  • It was always clear that this is indeed the benchmark technology for effective and green processing of PGM containing materials.
  • Steven R. Izatt, President and CEO of IBC commented, "IBC's SuperLig MRT process strongly complements Isondo's manufacturing of value-added PGM-containing components for MEAs.
  • IBC is honored to be part of the Isondo team building a leading high-tech PGM-based manufacturing facility in South Africa."

IBC Selected by Isondo Precious Metals to Supply SuperLig® Molecular Recognition Technology (MRT) System for Platinum Group Metals and Gold Production

Retrieved on: 
Monday, July 19, 2021

AMERICAN FORK, Utah, July 19, 2021 /PRNewswire/ --IBC Advanced Technologies, Inc. ("IBC") has been selected by Isondo Precious Metals ("IPM") to supply a fully integrated SuperLig Molecular Recognition Technology ("MRT") system to recycle Platinum Group Metals ("PGMs") and Gold at IPM's operational facility that is starting construction in Johannesburg, South Africa.

Key Points: 
  • AMERICAN FORK, Utah, July 19, 2021 /PRNewswire/ --IBC Advanced Technologies, Inc. ("IBC") has been selected by Isondo Precious Metals ("IPM") to supply a fully integrated SuperLig Molecular Recognition Technology ("MRT") system to recycle Platinum Group Metals ("PGMs") and Gold at IPM's operational facility that is starting construction in Johannesburg, South Africa.
  • Steven R. Izatt, President and CEO of IBC commented, "IBC's SuperLig MRT process strongly complements Isondo's manufacturing of value-added PGM-containing components for MEAs.
  • IBC is honored to be part of the Isondo team building a leading high-tech PGM-based manufacturing facility in South Africa."
  • IBC's SuperLig, AnaLig and MacroLig products and associated processes are used in manufacturing, analytical and laboratory applications.

IBC Opens New Container Freight Station (CFS) in Dallas, Texas

Retrieved on: 
Tuesday, April 27, 2021

b"DALLAS, April 27, 2021 /PRNewswire-PRWeb/ -- IBC will soon open its fifth container freight station (CFS) in Dallas, Texas.

Key Points: 
  • b"DALLAS, April 27, 2021 /PRNewswire-PRWeb/ -- IBC will soon open its fifth container freight station (CFS) in Dallas, Texas.
  • With the addition of the new station, IBC will operate five CFS's with others located in Chicago, Los Angeles, Miami, and New York.\nThe Dallas station's primary function will be to service IBC's e-commerce customers who desire to use U.S. Customs and Border Protection (CBP) Type 86 entry.
  • As such, they benefit from the lowest cost for last mile delivery.\nIBC is the largest non-integrator operator of U.S. Customs and Border Protection ECCF facilities in the U.S.A.
  • In addition to operating these facilities, the company's other service offerings include:\nFor more information, please visit our website at https://www.ibcinc.com/ .

Insurance Bureau of Canada Responds to 2021 Federal Budget

Retrieved on: 
Tuesday, April 20, 2021

Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada.

Key Points: 
  • Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada.
  • For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians.
  • IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry.
  • If you have a question about home, auto or business insurance, contact IBC\'s Consumer Information Centre at 1-844-2ask-IBC.\n'

IBC and Ucore Reach an Amicable Settlement Agreement

Retrieved on: 
Friday, February 19, 2021

American Fork, Utah and Halifax, Nova Scotia--(Newsfile Corp. - February 19, 2021) - Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) and its named individual officers (collectively, "Ucore" or "Party") and IBC Advanced Technologies, Inc., its named individual officers, and all IBC shareholders that are party to the Option to Purchase Agreement (collectively, "IBC" or "Party")) announce that the Parties have reached a settlement agreement (the "Agreement") regarding all litigation activities between the Parties and any other associated individuals.

Key Points: 
  • American Fork, Utah and Halifax, Nova Scotia--(Newsfile Corp. - February 19, 2021) - Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) and its named individual officers (collectively, "Ucore" or "Party") and IBC Advanced Technologies, Inc., its named individual officers, and all IBC shareholders that are party to the Option to Purchase Agreement (collectively, "IBC" or "Party")) announce that the Parties have reached a settlement agreement (the "Agreement") regarding all litigation activities between the Parties and any other associated individuals.
  • The terms include IBC purchasing the MRT pilot plant from Ucore for US $1.175 million (C $1.5 million) pursuant to a series of payments.
  • Additionally, the Agreement includes the termination of the Option to Purchase Agreement and any other existing agreements between the Parties, and an agreement by all Parties to dismiss all lawsuits with prejudice and to mutually release and waive all claims.
  • Per the terms of the Agreement, there will be no further announcements or release of Agreement details by either Partyi.

International Bancshares Corporation Announces Cash Dividend

Retrieved on: 
Monday, January 25, 2021

International Bancshares Corporation (IBC) announced today that on Jan. 22, 2021, IBCs Board of Directors approved the early declaration of a .55 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 5, 2021, payable on Feb. 17, 2021, in lieu of the discretionary dividend that IBC has historically paid in April.

Key Points: 
  • International Bancshares Corporation (IBC) announced today that on Jan. 22, 2021, IBCs Board of Directors approved the early declaration of a .55 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 5, 2021, payable on Feb. 17, 2021, in lieu of the discretionary dividend that IBC has historically paid in April.
  • This discretionary cash dividend was made possible because of our Companys historically strong financial performance, augmented by the benefits of the 2017 Tax Cut and Jobs Act, and our exceptionally strong capital position, said Dennis E. Nixon, president and CEO of IBC.
  • IBC (NASDAQ:IBOC) is a multi-bank financial holding company headquartered in Laredo, Texas, with approximately $13.6 billion in total assets and 187 facilities and 281 ATMs serving 88 communities in Texas and Oklahoma.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210125005643/en/

IBC Wins $9.7 Million in New Orders from Lockheed Martin for the F-35 Lightning II Aircraft

Retrieved on: 
Wednesday, December 9, 2020

IBC has manufactured this part for Lockheed Martin since 2015 using the Companys high-performance Beralcast beryllium-aluminum investment cast alloy.

Key Points: 
  • IBC has manufactured this part for Lockheed Martin since 2015 using the Companys high-performance Beralcast beryllium-aluminum investment cast alloy.
  • In a new development, Lockheed Martin also awarded IBC an order to produce a second part for the F-35 the gimbal mounting ring which is also used in the EOTS.
  • IBC worked in close partnership with Lockheed Martin in developing a process for producing the ring using IBCs innovative investment casting technology.
  • The total value of the new purchase order is approximately US$9.7 million over 26 months, which represents a 24 percent increase over previous three-year purchase order from Lockheed Martin.

Nova Scotia Supreme Court Awards IBC Costs at Four (4) Times the Standard Tariff Plus Disbursements Following Dismissal of Ucore's Motion

Retrieved on: 
Friday, November 20, 2020

The Nova Scotia Supreme Court assessed the amount of costs payable to IBC at four times the Tariff amount that would normally apply, plus disbursements.

Key Points: 
  • The Nova Scotia Supreme Court assessed the amount of costs payable to IBC at four times the Tariff amount that would normally apply, plus disbursements.
  • IBC's press release dated September 4, 2020 described the Court's ruling in IBC's favor in dismissing Ucore's contempt motion.
  • Ucore had suggested that IBC's filing of a Motion for Summary Judgment in Utah Federal Court was contemptuous.
  • Ucore's attempt failed and at that time, the Court awarded costs to IBC, with the amount to be determined.

Nova Scotia Supreme Court Awards IBC Costs at Four (4) Times the Standard Tariff Plus Disbursements Following Dismissal of Ucore's Motion

Retrieved on: 
Friday, November 20, 2020

The Nova Scotia Supreme Court assessed the amount of costs payable to IBC at four times the Tariff amount that would normally apply, plus disbursements.

Key Points: 
  • The Nova Scotia Supreme Court assessed the amount of costs payable to IBC at four times the Tariff amount that would normally apply, plus disbursements.
  • IBC's press release dated September 4, 2020 described the Court's ruling in IBC's favor in dismissing Ucore's contempt motion.
  • Ucore had suggested that IBC's filing of a Motion for Summary Judgment in Utah Federal Court was contemptuous.
  • Ucore's attempt failed and at that time, the Court awarded costs to IBC, with the amount to be determined.