AMMO Inc. engages CORE IR for investor relations and

HEART IR to support communication activities in conjunction with ongoing activities
Company Development activities

SCOTTSDALE, Ariz., July 19, 2022 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and the a leading vertically integrated producer of high-performance ammunition and components, today announces that it has retained CORE IR, a leading investor relations, public relations and consulting firm strategic, to assist the company in its investor relations and shareholder communication services.

CORE IR will focus on expanding AMMO Inc.’s awareness in the marketplace, conveying the company’s business model and growth strategies to the institutional and retail investor communities. CORE IR, an investor relations and public relations and strategic advisory boutique, specializes in leveraging the most effective investment, growth and exposure strategies for listed small and medium-sized companies public and private through an integrated approach to relationship development and corporate communications.

“We believe CORE IR’s integrated approach to investor communications and engagement will help AMMO expand its range of institutional and retail investors while clearly communicating our story to the general public,” said Fred Wagenhals, Chairman and CEO of AMMO. “We have a truly unique story that we believe will continue to be well received as we continue our growth trajectory.”

“CORE IR is a perfect fit for AMMO Inc., as the breadth of experience and capabilities of our team will serve the company’s investor relations goals well by expanding reach, leveraging our tailored strategies to raise market awareness and engage with investment communities.We look forward to a strong strategic partnership that facilitates improved communications and supports the creation of shareholder value,” added Scott Gordon, President of CORE IR.

About COREIR

Based in Garden City, New York, CORE IR is comprised of market and practice leaders experienced in retail and institutional investor relations and integrated corporate communications and capital markets advisory services. CORE IR provides proprietary integrated investor and public relations solutions that provide targeted exposure to small and medium-sized businesses. For more information, visit www.coreir.com.

About AMMO, Inc.

Headquartered 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 branded ammunition as well as its patented STREAK Visual ammo, /stelTH/subsonic ammunition and armour-piercing cartridges 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.

Investor Relations:
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