AMMO, Inc. Announces Expanded Partnership with Gander Outdoors/Camping World

SCOTTSDALE, AZ, August 19, 2019 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW) (“AMMO”), a technology leader and premier American ammunition and munition components manufacturer, today announced the expansion of its existing sales partnership with Gander Outdoors, including its Camping World stores.

Gander Outdoors/Camping World

Gander Outdoors™ (“Gander”) is a leading outdoor retailer that operates in local communities and online to serve all its customers, no matter where they live. Gander provides outdoor enthusiasts with regionally and seasonally relevant products priced competitively to fit their family’s outdoor needs. Gander currently has 65 Gander Outdoors and 20 Camping World stores that stock ammunition. AMMO™ is excited to announce the expansion of its relationship with Gander through which 66 of the Ganders Outdoor and Camping World stores will present AMMO’s cutting-edge one-way luminescent STREAK® ammunition through AMMO’s endcap video display presentation, with a further expanded presence anticipated in the following two quarters. The balance of the Gander Outdoors and Camping World stores will continue to carry an expanded inventory of AMMO’s products.

“We highly value our strong relationship with Gander Outdoors and are excited about the opportunity to expand our relationship and continue to serve Gander’s great customer base of committed outdoor enthusiasts. By providing the Gander customers with an opportunity to see our STREAK® ammunition being fired down range through the video display endcaps, the shooters will gain a better understanding of how this cutting edge ammunition technology will assist them all in improving their shooting performance as they watch the rounds move down range to target,” confirmed AMMO’s CEO, Fred Wagenhals.

About AMMO, Inc.

AMMO designs and manufactures products for a variety of markets, including law enforcement, military, hunting, 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, including its patented STREAK™ Visual Ammunition, the Jesse James line of munitions, /stelTH/ subsonic munitions, O.W.L. Technologies®, and Night OPS (One Precise Shot) a lead-free frangible tactical line of munitions for self-defense. The Company’s corporate offices are headquartered in Scottsdale, Arizona. Manufacturing operations are based in both northern Arizona and Manitowoc, Wisconsin. For more information please visit: www.ammoinc.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 Form 8-K.

In our filings with the Securities and Exchange Commission, references to “AMMO, Inc.”, “AMMO”, “the Company”, “we,” “us,” “our” and similar terms refer to AMMO, Inc. and its wholly owned operating subsidiaries The Enlight Group (d/b/a Jagemann Munition Components), SNI, LLC and Ammo Technologies, Inc.”

Investor Contact:
Rob Wiley
Chief Financial Officer
Phone: (480) 947-0001
rob@ammo-inc.com

Media Contact:
President of Global Commercial Sales & Marketing
Phone: (480) 530-2827
mhanish@ammo-inc.com