AMMO, Inc. Announces Overwhelming Response to Recent Donation Offer to Ukrainian Armed Forces – Directions to Donate and Support AMMO’s Charitable Efforts
SCOTTSDALE, Ariz., March 4, 2022 — 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 it has received overwhelming support for its offer to donate 1,000,000 rounds of ammunition to the Ukrainian Armed Forces.
Fred Wagenhals, AMMO’s Chairman & CEO, commented, “We’ve received an overwhelming response from our shareholders, customers, vendors and partners in support of our donation offer to help the Ukrainian Armed Forces in their fight for freedom. I’m grateful for everyone’s generosity and willingness to provide additional financial support to supplement our efforts. The management team is working around the clock to navigate the logistical and legal complexities involved in seeing that the ammunition is swiftly delivered to the proper parties in Ukraine.
“With the folks supporting our Company as shareholders by investing in POWW, it is important to us to make certain we ensure all of our current and incoming shareholders and supporters see their gracious offers to donate directed in real-time to support the brave men, women and children in Ukraine. As a result, we ask that you direct your donations as follows:
CARE (Charity Navigator rating of 92.64 out of 100)
“We will send out supplemental information about Ukrainian support activities and opportunities as they arise, and appreciate your investing support in AMMO which provides the foundation for the work we have been able to do with the Ukrainian people.”
AMMO, Inc. Offers to Donate One Million Rounds of Ammunition to the Armed Forces of Ukraine in Support of Their Fight for Freedom (NASDAQ: POWW)
SCOTTSDALE, Ariz., Feb. 28, 2022 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a leading vertically integrated producer of high-performance ammunition and components and operator of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, today announced that it heard Ukraine’s President Zelensky’s plea for ammunition and would like to help. AMMO, Inc. is offering to donate 1 million rounds of ammunition to the Armed Forced of Ukraine in support of their fight for independence and freedom.
AMMO, Inc. formally offers to manufacture ammunition to donate to the Ukraine Armed Forces as they fight for their country’s continued independence.
Fred Wagenhals, CEO of AMMO, Inc., said “AMMO, Inc., and we as Americans stand firmly in support of Ukraine’s sovereignty and independence, as we stand for freedom and democracy everywhere. While we fervently hope for a quick and peaceful resolution to the crisis and that diplomacy will win the day, we condemn the Russian aggression and its threat to Ukraine’s territorial integrity and freedom. We recognize that events are unfolding rapidly on the ground in Ukraine, and we are prepared to move quickly as possible to support Ukraine as it continues to defend itself and its freedom.”
AMMO, Inc. AND NASCAR legend Richard Childress donating ammunition to Ukraine
Former NASCAR driver is joined by Fox News contributor Joey Jones to discuss the gesture on ‘Fox & Friends.’
