(via TheNewswire)

VANCOUVER, British Columbia – TheNewswire - May 15, 2026 – Ironman International Ltd. (TSXV: IMI; OTCQB: IMITF) (“Ironman” or the “Company”)  is pleased to announce that its wholly owned operating subsidiary, Ironman Directional Drilling Ltd. (“ Ironman Directional Drillin g”), has entered into a master construction agreement dated as of May 12, 2026 with an arm’s length third party U.S.-based communications infrastructure partner to provide construction and related services for fiber optic network infrastructure projects in the United States.

The agreement establishes a contractual framework under which Ironman Directional Drilling will provide construction and related services for fiber optic network infrastructure services under separate statements of work. As compensation for such services, the counterparty will pay to Ironman Directional Drilling an aggregate of USD $12,108,750.00, payable in lump sums in accordance with each statement of work.  The costs and expenses associated with the services conducted by Ironman Directional Drilling will be reflected in the Company’s financial statements. The work is anticipated to commence in the next couple of weeks and is expected to be completed in 2026. The anticipated scope aligns with Ironman’s core capabilities, including fiber optic infrastructure construction, conduit installation, horizontal directional drilling, plowing, splicing, testing, commissioning, and related civil works. The project will support remote Indigenous communities in east-central Alaska, consistent with the Company’s values.

Management believes the agreement represents a meaningful commercial milestone for Ironman and provides further validation of the Company’s operating platform in telecommunications infrastructure, trenchless construction, and technically demanding field execution.

The agreement represents a material commercial opportunity for Ironman. Revenue associated with the agreement will depend on executed work authorizations, project performance, customer acceptance, timing of work completed, invoicing, payment, and other customary conditions associated with infrastructure construction projects.

“This signed agreement is an important step forward for Ironman as we continue to build our platform around critical infrastructure, this project represents more than just laying cable, it’s about connecting families, businesses, schools, and essential services to the opportunities broadband provides,” said Mike Irmen, Chief Executive Officer of Ironman. “The work under this agreement aligns well with our core values of community partnership and respect, it also demonstrates the value of having experienced crews, specialized equipment, and the operational capability to support complex fiber infrastructure projects in demanding field conditions.”

Ironman’s management views this agreement as consistent with the Company’s strategy of pursuing larger infrastructure opportunities that can leverage its established operating base, equipment fleet, technical expertise, and project execution capabilities.

Work under the agreement is expected to be carried out pursuant to applicable project requirements, permits, engineering documentation, site conditions, customer approvals, and other customary construction considerations. The agreement includes provisions relating to project scope, change orders, invoicing, payment, completion criteria, insurance, and other standard terms applicable to infrastructure construction projects.

A copy of the agreement will be available on the Company’s profile at www.sedarplus.ca .

About Ironman International Ltd.

Ironman International Ltd. is a North American infrastructure services company specializing in horizontal directional drilling, trenchless construction, and related utility and telecommunications infrastructure services. Through its operating subsidiaries, the Company provides services across multiple infrastructure verticals, including telecommunications, electrical, water and sewer, oil and gas, geothermal, and other utility-related applications.

Ironman’s common shares trade on the TSX Venture Exchange under the symbol  IMI  and 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 contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release include, but are not limited to, statements regarding the Company’s expectations with respect to the signed master construction agreement; work that may be performed under the agreement; the anticipated timing, scope, execution, completion, profitability, revenue recognition, or commercial impact of any project or statement of work; the Company’s ability to expand its telecommunications and utility infrastructure business; demand for fiber optic, broadband, utility, and communications infrastructure; the Company’s ability to leverage its equipment fleet, personnel, technical expertise, and operating platform; the Company will continue to build its platform around critical infrastructure, and the Company’s strategy of pursuing larger infrastructure opportunities.

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 news release, including with respect to the Company’s expectations with respect to the signed master construction agreement; that the Company will be able to complete the work; the scope of the work that will be performed under the agreement and that it will be completed on the timing anticipated; the profitability, revenue recognition, or commercial impact of any project or statement of work; that the agreement represents a material commercial opportunity for the Company; that the Company will be able to expand its telecommunications and utility infrastructure business; that the demand for fiber optic, broadband, utility, and communications infrastructure will continue to be supported; that the Company will be able to leverage its equipment fleet, personnel, technical expertise, and operating platform; and that the Company is able to execute its strategy of pursuing larger infrastructure opportunities.

Forward-looking statements are based on management’s current expectations, estimates, projections, assumptions, and beliefs and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, risks that project work may be delayed, reduced, amended, terminated, or not completed; that the consideration payable to the Company may differ if scope of work is reduced, terminated or not completed; risks related to permitting, engineering, customer approvals, site access, weather, environmental conditions, labour availability, equipment availability, supply chain constraints, cost escalation, payment timing, customer acceptance, project execution, subcontractor performance, safety, regulatory matters, confidentiality obligations, competitive considerations, general economic, market, and industry conditions, and other factors beyond the control of the Company, including those other risks more fully described in the Company’s management discussion and analysis for the years ended November 30, 2025 and 2024 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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