Ironman International Ltd. (TSX-V: IMI; OTCQB: IMITF) has released a comprehensive update on its operations and strategic initiatives, highlighting its three foundational pillars: business fundamentals, growth, and alignment of staff and suppliers. The company reported submitting over 220 bids in December 2025 and January 2026, targeting projects across British Columbia, Alberta, Northwest Territories, Alaska, and the continental US. This robust bidding activity is expected to support a strong workflow for fiscal 2026.
Ironman's directional drilling segment experiences seasonal fluctuations, with winter months dedicated to training and bidding. In contrast, its telecom segment, Lite Access, provides stable year-round revenues, particularly in the Greater Vancouver Area. The company has kept crews busy this winter due to a full work pipeline, attributing success to strategic alignment and customer-focused delivery.
A key development is the establishment of a new division, Ironman Pipe Inspection (Ironman PI), which will offer comprehensive inspection services for critical pipeline systems. Leveraging the company's civil works background, Ironman PI aims to support utility projects across North America and prevent expensive delays by conducting location services on company projects. More information is available at www.ironmanpi.com.
The company also announced the upgrade of its common shares to trade on the OTCQB Venture Market under the symbol IMITF, effective February 18, 2026. This upgrade is expected to enhance visibility and accessibility for US investors.
Ironman's growth strategy includes reinvesting earnings into training, capital asset purchases, and expansion into new segments. From the end of fiscal 2024 to the end of fiscal 2025, the company doubled its staff. The company plans to announce fiscal 2025 revenues and provide guidance for fiscal 2026 in March, encompassing both telecom and directional drilling operations.
Forward-looking statements in the release emphasize the company's confidence in its business fundamentals, with expectations of continued strategic expansion and shareholder value creation. However, these statements are subject to risks and uncertainties, including market conditions and project execution risks, as detailed in the company's information circular available on SEDAR+.
