Lite Access Technologies Inc. announced the departure of CEO Mike Plotnikoff, effective Nov. 15, 2023. Mike played a pivotal role in the company's journey, co-founding it in 2004, overseeing its public listing a decade later, and contributing significantly to establishing the groundwork for future success in the past year.

Filling the role of CEO on an interim basis is Mark Tommasi, a seasoned Board member with over 30 years of corporate-level experience. Mark will guide the transition team, particularly in finalizing the transaction announced with Ironman Directional Drilling Ltd. (Ironman) on May 5, 2023 (the Transaction).