March 07, 2022
Editor's Note: This is a developing story. Guns & Ammo will release updates as more information becomes available.
AMMO, Inc. 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): Ukraine Crisis Fund
“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.”
March 1, 2022
AMMO, Inc., a vertically integrated producer of ammunition and components and operator of GunBroker.com, announced that it heard Ukraine’s President Zelensky’s plea for ammunition and would like to help. Ammo Inc. is offering to donate one million rounds of ammunition to the Armed Forces of Ukraine in support of their fight for independence and freedom.
Ammo Inc. will formally offer 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.”
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