LANGLEY, BC – TheNewswire - March 31, 2026 – Ironman International Ltd. (TSXV: IMI) (OTCQB: IMITF) ("Ironman" or the "Company") announces that its application for a management cease trade order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"), as previously announced in a news release dated March 25, 2026, has been accepted by the British Columbia Securities Commission (the "BCSC"). The MCTO was issued by the BCSC, effective as of March 31, 2026, in connection with the delay by the Company in filing its audited annual financial statements and accompanying management’s discussion and analysis and related CEO and CFO certificates for the financial year ended November 30, 2025 (collectively, the "Annual Filings"). The delay is due to the Annual Filings being the first audited financial statements filed by the Company following the Company’s acquisition of 1097195 B.C. Ltd. and Ironman Directional Drilling U.S. Inc. as further detailed in the Company’s news release dated September 29, 2025.  

The Company expects to file the Annual Filings as soon as they are available and by no later than April 13, 2026. The Company will issue a news release once the Annual Filings have been filed. Until the Company files the Annual Filings, it will comply with the alternative information guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases. The Company confirms as of the date of this news release that there has been no material change in the information contained in the Company’s news release issued March 25, 2026, and there is no other material information concerning the affairs of the Company that has not been generally disclosed.  

About Ironman International Ltd.

Established in 1999, Ironman International Ltd. is a leading North American provider of horizontal directional drilling and trenchless infrastructure services, operating 24/7 to support residential, commercial, industrial, and utility clients. The Company specializes in delivering cost-effective, low-impact underground installation solutions across a broad range of applications, including telecommunications, electrical, water and sewer, oil and gas, geothermal, and irrigation systems. With a modern fleet of specialized equipment and an experienced technical team, Ironman is capable of executing complex projects across diverse and challenging environments, including lakes, rivers, coastal and near-shore marine installations, rail corridors, roadways, and highways. The Company also provides complementary services designed to enhance efficiency, maintain safety standards, and ensure projects are completed on time and on budget. The common shares of Ironman International Ltd. are listed on the TSX Venture Exchange and trade under the symbol “IMI” and trade on the OTCQB Venture Market under the symbol “IMITF”.

 

On behalf of the Board of Directors,

 

“Michael Irmen”

Director and CEO

 

For further information please contact:

 

Ironman International Ltd.

Mark Tommasi, Director

Phone: 604-318-1448

https://www.ironmaninternational.com/

 

Forward-Looking Statements

 

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward-looking statements, including statements regarding the Company’s ongoing operations, service delivery and use of proceeds from the Existing Loan.

 

Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including with respect to the Company’s ongoing operations, service delivery and use of proceeds from the Existing Loan.  

 

These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, adverse market conditions; general economic, market or business risks; unanticipated costs; retention of executives, employees and customers; project execution risks including supply chain disruptions and cost escalations; regulatory developments; and other factors beyond the control of the Company, including those other risks more fully described in the Company’s information circular dated July 14, 2025 which can be accessed at www.sedarplus.ca.

 

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.