UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 8)*

International Barrier Technology Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

458968104

(CUSIP Number)

January 31, 2016

(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13G/A

*SEE INSTRUCTION BEFORE FILLING OUT!

SCHEDULE 13G/A

SCHEDULE 13G/A

 SCHEDULE 13G/A

Preliminary Note

This Combined Statement is being filed on behalf of Carl Marks & Co. Inc., Carl Marks IB LLC and Martin Lizt. Each of the Reporting Persons states that it or he, as the case may be, is included in this Schedule 13G solely for the purpose of presenting information with respect to its or his ownership of the Common Shares and disclaims any knowledge, except as expressly set forth herein, as to any statement made herein on behalf of any other Reporting Person. Each of Carl Marks & Co. Inc. and Carl Marks IB LLC disclaims any beneficial ownership of Common Shares owned by Martin Lizt; and Martin Lizt disclaims any beneficial ownership of Common Shares owned by Carl Marks & Co. Inc. and Carl Marks IB LLC. Carl Marks & Co. Inc., Carl Marks IB LLC and Martin Lizt have filed this Schedule 13G as Reporting Persons in the event they are collectively deemed to be a “group” within the meaning of Section 13(g)(3) of the Securities Exchange Act of 1934, as amended.

Item 1.

International Barrier Technology Inc.

510 4^th Street North
Watkins, Minnesota 55389

Item 2.

Carl Marks IB LLC, Carl Marks & Co. Inc. and Martin Lizt.

The principal business office of each of Carl Marks & Co. Inc. and Carl Marks IB LLC is:

900 Third Avenue

33rd Floor

New York, NY 10022

The home address of Martin Lizt is:

22 East Alford Road

West Stockbridge, MA 01266

SCHEDULE 13G/A

(c) Citizenship:

(d) Title of Class of Securities:

Common Shares, without par value

(e) CUSIP Number:

458968104

Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), or (c), check whether the person filing is a:

Not applicable

SCHEDULE 13G/A

Item 4. Ownership

Item 5. Ownership of Five Percent or Less of a Class.

Not applicable

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable

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Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable

Item 8. Identification and Classification of Members of the Group.

Not applicable

Item 9. Notice of Dissolution of Group.

Not applicable

Item 10. Certification.

See attached certifications.

SCHEDULE 13G/A

CERTIFICATION

By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not being held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SCHEDULE 13G/A

CERTIFICATION

By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not being held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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CERTIFICATION

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not being held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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Exhibits

See Exhibit A on page 16.

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Signature

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

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Signature

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

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Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

SCHEDULE 13G/A

EXHIBIT A - JOINT FILING STATEMENT

Pursuant to Rule 13d-1(k)(1), we, the undersigned, hereby express our agreement that the Schedule 13G for International Barrier Group Inc. is filed on behalf of each of us. This agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.