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Re: GreenKnight post# 350512

Thursday, 01/14/2021 9:22:19 AM

Thursday, January 14, 2021 9:22:19 AM

Post# of 381585
$POWW $7.28 Share Buyback News:

https://www.globenewswire.com/news-release/2021/01/14/2158661/0/en/AMMO-Inc-Agrees-to-Repurchase-1-000-000-Shares-for-1-5-Million.html

AMMO has exercised an existing contract right with Jagemann Stamping Company to repurchase 1 million shares of the Company’s common stock (the “Shares”) for $1.5 million ($1.50/share) which represents approximately 2% of the Company’s outstanding common shares. The Company will promptly retire the Shares upon consummation of the transaction.

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