Northwire Canada EditionFriday, July 10, 2026
Northwire
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Production / Operations

Ironman submits 220 bids in December, January

IMI · Price

Executive Summary

  • Ironman International Ltd. announced that its common shares began trading on the OTCQB Venture Market under the symbol IMITF on February 18, 2026, following an upgrade from the TSX Venture Exchange.
  • The company provided a strategic update highlighting strong bidding activity for fiscal 2026, with over 220 bids submitted in December 2025 and January 2026, and anticipates a strong workflow across its directional drilling and telecom segments.
  • Ironman launched a new division, "Ironman Pipe Inspection" (Ironman PI), to provide comprehensive inspection services for critical pipeline systems and location services, leveraging its existing customer network and supply chain.

Key Details

  • Listing Upgrade: Common shares upgraded to trade on the OTCQB Venture Market under the symbol IMITF; trading commenced on February 18, 2026. The company continues to trade on the TSX Venture Exchange under the symbol IMI.
  • Bidding Activity: Submitted more than 220 bids in December 2025 and January 2026 to add to the current work program for fiscal 2026 and beyond.
  • Geographic Expansion: Actively bidding on projects in British Columbia, Alberta, Northwest Territories, Alaska, and the continental United States.
  • Financial Guidance: The company will announce revenues for fiscal 2025 and provide guidance for fiscal 2026 in March, covering both telecom and directional drilling operations.
  • Staffing Growth: Doubled its staff from the end of fiscal 2024 to the end of fiscal 2025, reinvesting earnings into training, development, and capital asset purchases.
  • New Division Launch: Established "Ironman Pipe Inspection" (Ironman PI) to offer comprehensive inspection services for critical pipeline systems and location services to prevent expensive delays on company projects.
  • Operational Status: Telecom segment (Lite Access) has a full work pipeline in the greater Vancouver area; directional drilling crews are working in many regions in British Columbia.
  • Incentive Stock Options: As per a November 28, 2025 announcement, the company awarded incentive stock options to certain directors, officers, employees, and consultants to align interests with shareholders.

Notable Quotes

  • "The company submitted more than 220 bids in December, 2025, and January, 2026... It anticipates a strong workflow for fiscal 2026."
  • "From the end of fiscal 2024 to the end of fiscal 2025, the company doubled its staff."
  • "Ironman PI will leverage the company's background in civil works to help support utility projects throughout North America."
Read the original news release →

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