Tornado Infrastructure Equipment Announces the Promotion of Derek Li to CFO

Company Leadership Transition - Tornado Infrastructure Equipment Ltd. has promoted Derek Li to Vice President and Chief Financial Officer, effective immediately, replacing Al Robertson who is retiring [1][2] - Derek Li has been with the company for eight years, previously serving as Vice President, Finance and Controller, and has played a significant role in the company's growth [3] Financial Strategy and Stock Options - The company has granted incentive stock options for the purchase of up to 500,000 common shares at an exercise price of $1.16 per share, effective February 24, 2025 [4] Company Overview - Tornado is a leader in the vacuum truck industry, having sold over 1,700 hydrovacs since 2008, and provides hydrovac trucks and heavy-duty truck maintenance operations in central Alberta [5] - The company's hydrovac trucks utilize high-pressure water and vacuum technology to safely excavate soil, minimizing damage to critical infrastructure and reducing fatalities in urban areas [5]