November 28, 2025 – Vancouver, British Columbia – Ironman International Ltd. (TSX-V: IMI) (OTC: LTCCF), a Vancouver-based drilling and infrastructure services company, has announced the granting of significant equity incentives to its leadership team, employees, and consultants as part of its long-term growth and compensation strategy.
Equity Incentive Grants
The company has issued a total of 5,155,000 stock options to directors, officers, employees, and consultants under its stock option plan.
- Each option allows the holder to purchase one common share at an exercise price of $0.10.
- The options have a three-year term from the date of grant.
- All options vest immediately.
In addition, Ironman International granted 1,100,000 restricted share units (RSUs) to a consultant under its equity incentive compensation plan.
- Each RSU converts into one common share upon vesting.
- These RSUs will vest one year from the date of grant.
CEO Message: A Turning Point After Acquisition
Chief Executive Officer Mike Irmen issued a detailed message following the completion of Ironman International’s acquisition of 1097195 B.C. Ltd. and Ironman Directional Drilling US Inc., finalized on September 26, 2025. Irmen described the acquisition as a “significant step forward” for the company, emphasizing:
- A strengthened operational platform
- Enhanced growth capabilities
- A renewed long-term value creation strategy
Irmen highlighted that the acquisition represents more than a corporate transaction, calling it a pivotal strategic evolution for Ironman International. Having founded and led Ironman Directional Drilling, he expressed confidence in the company’s future, emphasizing the blend of:
- A scalable public-company structure
- More than 25 years of private-sector operational expertise
- Agility to respond quickly to shifting markets, regulatory changes, and major project opportunities
He praised the company’s workforce, noting that Ironman’s competitive edge lies in its determination, creativity, and ability to outperform rivals. Irmen reaffirmed his commitment to relentless execution, innovation, disciplined expansion, and long-term shareholder value.
Leadership Team Commentary
Bob Scott, Chief Operating Officer, expressed enthusiasm about the acquisition and its opportunities. He highlighted the strength of the workforce and the company’s strong “can-do” culture when facing complex project demands.
Linda Han, Chief Financial Officer, described the transaction as a defining milestone, noting that it:
- Strengthens Ironman’s capital base
- Expands market opportunities
- Supports sustainable long-term growth
She emphasized Ironman International’s commitment to transparency, governance, and shareholder protection.