AMMO, Inc. & GunBroker.com Partner with Richard Childress Racing to Sponsor the Our Motorsports No. 23 Chevrolet in the NASCA...
AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier
American ammunition and munition components manufacturer and
technology leader, is pleased to announce it has partnered with
Richard Childress Racing (“RCR”) to sponsor the Our Motorsports No.
23 Chevrolet driven this weekend by Ty Dillon in the NASCAR Xfinity
Series (“NXS”) race to be held at the Charlotte Motor Speedway.
“I’m thankful for the opportunity to drive the
No. 23 Chevrolet for RCR this Saturday in Charlotte,” said Dillon.
“Their program continues to impress and hopefully my experience
will only help them even more. Our AMMO/GunBroker.com Camaro will
be fast and I look forward to getting it up front. Any chance I
have to get behind the wheel this season is a blessing and I’m
excited to be back in the driver’s seat.”
Fred Wagenhals, AMMO’s Chairman and CEO stated
that “Richard is a valued member of the AMMO Board of Directors.
Our team was excited to leap at the opportunity to partner with a
NASCAR Hall of Fame Team owner and AMMO Board member and sponsor
the No. 23 Camaro and Ty.” “AMMO, RCR and NASCAR are supported by
the same collection of patriotic 2nd Amendment shooting and hunting
enthusiasts. The union was an easy call for AMMO. Supporting a
best-in-class race team in the exciting NXS helps extend the reach
of our growing brand as we do our part to make certain this great
American sport continues to be enjoyed for many weekends to
Mr. Childress added, noting that “I joined the
AMMO Board because of the remarkable business success I had with
Fred when we worked together as he grew Action Performance into the
goliath of NASCAR merchandising world back in the day. He showed me
what the AMMO team was doing and I eagerly joined the Board to be
part of this winning team. The focus and vision of the AMMO and RCR
teams are the same – get to the front and stay there. So I couldn’t
be happier to have AMMO and GunBroker.com join our impressive
collection of race sponsors.”
The Alsco Uniforms 300 runs at the Charlotte
Motor Speedway and airs live on FS1 on Saturday, May 29th at 1:00
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 branded munitions as well as its patented
STREAK™ Visual Ammunition, /stelTH/™ subsonic munitions, and armor
piercing rounds for military use. For more information, please
As an AMMO subsidiary, 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
This document contains certain “forward-looking
statements”. All statements other than statements of historical
fact are “forward-looking statements” for purposes of federal and
state securities laws, including, but not limited to, any
projections of earnings, revenue or other financial items; any
statements of the plans, strategies, goals and objectives of
management for future operations; any statements concerning
proposed new products and services or developments thereof; any
statements regarding future economic conditions or performance; any
statements or belief; and any statements of assumptions underlying
any of the foregoing.
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
Investor Contact:Rob Wiley,
CFOAMMO, Inc.Phone: (480) 947-0001IR@ammo-inc.com
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