U.S. Federal District Court Rules in IBC’s Favor – Ucore’s Motion Denied – IBC’s Complaint Against Ucore will Proceed in Utah

AMERICAN FORK, Utah, Nov. 1, 2019 /PRNewswire/ — IBC Advanced Technologies, Inc.’s (“IBC”) complaint against Ucore Rare Metals, Inc. (“Ucore”), et al. (the “Complaint”) will proceed in Utah based on a recently unsealed ruling by United States District Court Judge Howard C. Nielson, Jr. Judge Nielson denied Ucore’s motion, in which Ucore had unsuccessfully argued that IBC’s Complaint should be dismissed, or in the alternative, stayed pending outcome of legal proceedings in Canada. In rendering his decision, Judge Nielson stated: