(via TheNewswire)

LANGLEY, BC / MARCH 26, 2026 – TheNewswire - IRONMAN INTERNATIONAL LTD.   (TS XV:IMI) (OTCQB:IMITF) (“ Ironman ” or the “ Company ”) announces that 1097195 B.C. Ltd. (“ 109 ”), a wholly owned subsidiary of the Company, has amended the terms (the “ Amendment ”) of an existing loan (the “ Existing Loan ”) with 599837 B.C. Ltd. (the “ Lender ”) in the principal amount of $1,401,632.29 (the “ Principal Amount ”).

The Amendment provides that interest shall accrue on the Principal Amount at a rate of 8% per annum effective as of September 26, 2025. The Amendment further provides that the Existing Loan will mature and become due and payable on November 30, 2026. If the Principal Amount and all accrued interest are not repaid on November 30, 2026, the Existing Loan will become due and payable on demand and will continue to bear interest until paid in full, without such failure to repay constituting a default.

The proceeds of the Existing Loan were used for the purchase of vehicles and equipment. No securities of the Company will be issued in connection with the Existing Loan or the Amendment.

Multilateral Instrument 61-101

The Amendment constitutes a "related party transaction" under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (" MI 61-101 ") as Mike Irmen is a director of the Company and a director and shareholder of the Lender. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the transactions did not exceed 25% of the fair market value of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the entering into of the Amendment as the terms of the Amendment were not settled until shortly prior to execution and the parties wished to close the Amendment on an expedited basis for sound business reasons.

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.

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