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AMMO, Inc. Chairman and CEO to Appear on Fox Business Network Varney & Company Monday… | Your money

SCOTTSDALE, Ariz., March 11, 2022 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), owner of GunBroker.com, the largest online marketplace serving firearms and shooting sport industries and a leading vertically integrated producer of high performance ammunition and components, today announced that Fred Wagenhals, President and Chief Executive Officer, is scheduled to appear on Varney & Company on the Fox Business Network at 11:50 a.m. ET on Monday, March 14, 2022. Mr. Wagenhals will discuss the company’s donation of one million rounds of ammunition to the Ukrainian armed forces, the current state of the ammunition market and the POWW.

The segment can also be viewed online at: Varney & Co | Fox business.

Varney & Co. is a daily morning news/talk show hosted by British-American business and political commentator Stuart Varney on Fox Business weekdays from 9am-12pm ET. The program, which is among the highest rated programs in business news, breaks down the latest financial news and political headlines.

*Start times are subject to change

About AMMO, Inc.

With its headquarters in Scottsdale, Arizona. AMMO designs and manufactures products for a variety of abilities including law enforcement, military, sport shooting, and self-defense. The company was founded in 2016 with a vision to change, innovate and reinvigorate the complacent ammunition industry. AMMO promotes its own branded ammunition as well as its patented visual STREAK™ ammunition, subsonic /stelTH/™ ammunition and armour-piercing rounds for military use. For more information, please visit: www.ammo-inc.com.

About GunBroker.com

GunBroker.com is the largest online marketplace for firearms, hunting, shooting and related products. Other than merchandise bearing its logo, GunBroker.com does not currently sell any 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 by using licensed firearms dealers as transfer agents. Launched in 1999, GunBroker.com is an informative, safe and secure way to buy and sell firearms, ammunition, air pistols, archery equipment, knives and accessories online. swords, firearm accessories and hunting/shooting equipment. GunBroker.com promotes responsible possession 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 profits, revenues or other financial; any statement of management plans, strategies, goals and objectives for future operations; any statements regarding new products and services offered or their developments; any statements regarding future economic conditions or performance; any statement 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 words similar, or their negative form. 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 occurring after the dates on which they are made. You should, however, review the additional information and risk factors that we include in annual reports on Form 10-K, quarterly reports on Form 10-Q and reports filed on Form 8-K.

Investor Contact: Reed Anderson ICR (646) 277-1260 [email protected]

Media Contact: Victoria Welch AMMO, Inc. (480) 947-0001 [email protected]

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