Ironman defers Q1 interim statement filing

LANGLEY , B C – TheNewswire - April 29th, 2026 – Ironman International Ltd. ( TSXV: IMI) (OTCQB: IMITF) (" Ironman " or the " Company ") announces that it will likely miss its filing deadline of April 29, 2026 (the “ Q1 Filing Deadline ”) to file interim financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the period ended February 28, 2026 (collectively, the " Q1 Filings "), as required under applicable Canadian securities laws.   In connection with the Company's inability to file the Q1 Filings on time, the Company has applied for a Management Cease Trade Order (" MCTO ") under National Policy 12-203 – Management Cease Trade Orders (" NP 12-203 ") and is waiting for the decision of the British Columbia Securities Commission (the “ BCSC ”) with respect to its application.     The Company is applying for a MCTO as a result of (i) the short time frame between the Q1 Filing Deadline and the filing of the Company’s annual financial statements and accompanying management’s discussion and analysis for the financial year ended November 30, 2025, which were filed on April 13, 2026, (ii) a change in accounting operating systems, and (iii) a recent change in accounting personnel. The Company expects to file the Q1 Filings on or about May 15, 2026, but in any event as soon as they are available. The Company will issue a news release once the Q1 Filings have been filed.

Until the Company files the Q1 Filings, it will comply with the alternative information guidelines set out in NP 12-203. The guidelines, among other things, require the Company to issue bi-weekly default status reports, in the form of news releases, for so long as the Q1 Filings have not been filed. During the MCTO, the general investing public will continue to be able to trade in the Company's common shares listed on the TSX Venture Exchange.

However, the Company's Chief Executive Officer, Chief Financial Officer, and such other directors, officers and persons as determined by the applicable regulatory authorities will not be able to trade in the Company's common shares, nor will the Company be able to, directly or indirectly, issue securities to or acquire securities from an insider or employee of the Company except in accordance with legally binding obligations to do so existing as of April 29, 2026, being the date of the Company’s anticipated continuous disclosure default. The Company is not subject to any insolvency proceedings. If the Company provides any information to any of its creditors during the period in which it is in default of filing the Q1 Filings, the Company confirms that it will also file material change reports on the Company’s profile on SEDAR+ containing such information.

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 “Mike Irmen” CEO and Director Contact Mark Tommasi Director 604-318-1448 Neither the TSX Venture Exchange nor its Regulation Services Provider has reviewed or accepts responsibility for the accuracy or adequacy of this release.

Cautionary Note Regarding Forward-Looking Statements This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "expects", "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur".

This information and these statements, referred to herein as "forward ‐ looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, management’s expectations that it will miss the Q1 Filing Deadline, the issuance by the BCSC of an MCTO, and the ability of the Company to file the Q1 Filings within the time period described herein. These forward ‐ looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the BCSC may not issue an MCTO; the Company being unable to file the Q1 Filings in the proposed timeframe; recent market volatility; and the state of the financial markets for the Company’s securities.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the BCSC will issue an MCTO and the Company will be able to file the Q1 Filings in the proposed time frame. 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 that are incorporated by reference herein, except in accordance with applicable securities laws.

We seek safe harbor.      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/    Copyright (c) 2026 TheNewswire - All rights reserved. TheNewsWire April 29, 2026 - 9:55 AM PDT News by QuoteMedia www.quotemedia.com