AMMO, Inc. Announces Delivery of Donated Ammunition to Ukraine
AMMO, Inc. (Nasdaq: POWW, POWWP) has successfully delivered 1 million rounds of donated ammunition to Ukrainian authorities. This initiative supports Ukraine's efforts to safeguard its citizens amidst ongoing conflicts. Chairman & CEO Fred Wagenhals highlighted the significance of this contribution and stated that the team is exploring further opportunities to assist Ukraine.
AMMO operates GunBroker.com, the largest online firearms marketplace, and specializes in high-performance ammunition. Established in 2016, AMMO aims to innovate within the munitions industry.
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SCOTTSDALE, Ariz., March 23, 2022 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that it has confirmed the delivery of its 1 million rounds of donated ammunition to the Ukraine governmental authorities.
Fred Wagenhals, AMMO Chairman & CEO, stated that “we are very happy to announce that we have delivered the donated ammunition, we have directed our people on the ground near the border conflict zone to deliver and hand-off of the 1 million rounds of ammunition AMMO donated to support Ukraine’s valiant efforts to protect its citizens and sovereignty. Our international operations sales and management team members are continuing to work their contacts around the globe in government and private business as we explore other opportunities to engage with and support the Ukraine forces.”
About AMMO, Inc.
With its corporate offices headquartered in Scottsdale, Arizona, AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense. The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry. AMMO promotes its own branded munitions, including its patented STREAK™ Visual Ammunition, /stelTH/™ subsonic munitions, and armor piercing rounds for military use. For more information, please visit: www.ammo-inc.com.
About GunBroker.com
GunBroker.com is the largest online marketplace dedicated to firearms, hunting, shooting and related products. Aside from merchandise bearing its logo, GunBroker.com currently sells none of the items listed on its website. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents. Launched in 1999, GunBroker.com is an informative, secure and safe way to buy and sell firearms, ammunition, air guns, archery equipment, knives and swords, firearms accessories and hunting/shooting gear online. GunBroker.com promotes responsible ownership of guns and firearms. For more information, please visit: www.gunbroker.com.
Forward Looking Statements
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Forward looking statements may include the words “may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or other similar words, or the negative thereof. These forward-looking statements present our estimates and assumptions only as of the date of this report. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the dates on which they are made. We do not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the dates they are made. You should, however, consult further disclosures and risk factors we include in Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Reports filed on Form 8-K.
Media Contact:
Victoria Welch
AMMO, Inc.
(480) 947-0001
vwelch@ammoinc.com
Investor Contact:
Reed Anderson
ICR
(646) 277-1260
IR@ammo-inc.com
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