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Limestone Boat Company has added three new US dealers to the Aquasport Boats list, Canadian Business Journal

A strong start to the revolutionary 2022 of the Limestone Boat Company
We continue to expand our dealerships in three new markets in the United States.

Collingwood, Ontario, March 23, 2022 (GLOBE NEWSWIRE) — Limestone Boat Company (“”society“) (TSXV: Boat, OTCQB: LMSBF) – Aquasport Boats, Limestone owners and builders® Boats and Boca Bay Boats – We are pleased to announce the addition of three new US dealers representing the Aqua Sports Boat Line.

Three new Aquasport dealers – Sun Coast Marine Group Sarasota, Florida. Rogue Nation Charleston, South Carolina. Linden Sports Center In Coopersville, Michigan – Offering an expanded market representative for the brand, increasing the total number of aqua sports dealers to 26 and occupying 29 locations. Coupled with the recent addition of Aquasport’s first Canadian dealer DeWildt Marine & Powersports (3 locations in Ontario), the brand has added 6 new dealer locations this year alone.

“We welcome these new dealers representing the Aqua Sports Boat brand,” said Scott Hanson, CEO of the Limestone Boat Company. “Each has a solid reputation in their respective markets, further enhancing the class of dealers we have implemented so far. When we acquired the Aquasport brand, we had a full range of facilities, production, dealer network, product quality, etc. We have begun a course of significant improvements. From day one, there has been a great deal of interest from dealers who want to join the team, not only building relationships with the current dealer network, but also adding the right dealers to new markets. And the boat offers the brand to a larger audience. “

We continue to increase production by effectively managing supply chain and COVID-related labor disruptions. Production and shipments are expected to continue to grow at a rate of two vessels a week, even in the event of unforeseen disruptions.

“We continue to see strong demand for our products and we are focusing on increasing monthly production to accommodate the large backlog,” Hanson added. “We also effectively manage production and delivery efforts to provide current dealer commitments and allocations as quickly as possible to meet customer needs, and then for future capabilities. We are trying to strategically introduce new dealers. “

About Limestone Boat Company Limited
Limestone Boat Company – Owners and builders of Aquasport Boats, Limestone® Boats and Boca Bay Boats-Listed on the Toronto Venture Exchange with the ticker symbol BOAT and the US-based OTC QB.® Venture market under the ticker symbol LMSBF. Headquartered in Collingwood, Ontario, it has a 145,000-square-foot manufacturing facility in White Bluff, Tennessee. The company is backed by a large, skilled workforce and dealer partners throughout the Great Lakes region of the United States and Canada.

For more information, please contact:
Bill Miturus | Investor Public Relations
800-720-2395
bill@limestoneboats.com
www.limestoneboatcompany.com

Neither TSXV nor its regulatory service provider (the term is defined in TSXV’s policy) is responsible for the validity or accuracy of this news release.

Precautions regarding forward-looking statements

The specific statements contained in this press release make up information about the future outlook. These statements relate to future events or future performance. “Predict”, “believe”, “can”, “should”, “do”, “estimate”, “expect”, “predict”, “show”, “intention”, “possible” In “highly likely”, “may”, “plan”, “potential”, “project”, “outlook”, “seeking”, “goal”, “trend” or “will”, and historical facts Similar expressions and statements relating to no matter identify information about the future outlook and are based on the parties’ current beliefs or assumptions regarding the outcome and timing of such future events. Actual future results can vary significantly. We are exposed to a number of risks associated with our integration and future business, some of which are available in SEDAR, including but not limited to the filing statement we filed on February 23, 2021. It is described in detail in our public filing. , And MD & A. Forward-looking information contained in this release is current as of the date of this document, and parties will update forward-looking information as new information, future events, or otherwise, except where applicable. Or we are not obligated to revise it. Securities law. Due to the risks, uncertainties, and assumptions contained here, investors should not place excessive reliance on information about future prospects. The above statement explicitly qualifies the forward-looking information contained herein.

Many factors can cause actual results, levels of activity, performance or outcomes, or future events or developments to differ materially from those expressed or implied by forward-looking statements. All forward-looking statements made in this press release are qualified by these warning statements and other warning statements or factors in this press release. Even if actual results or progress are achieved or substantially achieved, there is no guarantee that they will have the expected results or impact on us. Except as required by applicable securities law, we have no intention or obligation to update these forward-looking statements.


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Limestone Boat Company has added three new US dealers to the Aquasport Boats list, Canadian Business Journal

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