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.”