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Ironman International Announces Likely Delay in Filing Annual Financials
LANGLEY, BC — March 25, 2026 — Leads & Copy — Ironman International Ltd. (TSXV:IMI) (OTCQB: IMITF) announced it will likely miss the March 30, 2026, deadline for filing its audited annual financial statements for the year ended Nov. 30, 2025. The company has applied for a Management Cease Trade Order (MCTO) and is awaiting a decision from the British Columbia Securities Commission (BCSC).
The delay is due to the auditor's anticipated inability to complete the audit by the deadline, stemming from the company's recent acquisition of 1097195 B.C. Ltd. and Ironman Directional Drilling US Inc., detailed in a Sept. 29, 2025, news release.
Ironman International expects to file the annual filings around April 13, 2026, and will issue a news release upon completion. Until the filings are submitted, the company will adhere to alternative information guidelines outlined in National Policy 12-203, including bi-weekly default status reports.
During the MCTO, public trading of the company's common shares on the TSX Venture Exchange will continue. However, the CEO, CFO, and other designated individuals will be restricted from trading company shares. The company is also prohibited from issuing or acquiring securities from insiders or employees, except under pre-existing legal obligations as of March 30, 2026.
Ironman International confirms it is not involved in any insolvency proceedings. Any information shared with creditors during the filing default period will also be reported on SEDAR+.
Ironman International Ltd., established in 1999, provides horizontal directional drilling and trenchless infrastructure services across North America. They operate 24/7 and specialize in cost-effective underground installation solutions for various sectors. The company's shares are listed on the TSX Venture Exchange under the symbol “IMI” and on the OTCQB Venture Market under the symbol “IMITF”.
Mike Irmen, CEO and Director, made the announcement on behalf of the board.
Source: Ironman International Ltd.