VANCOUVER, British Columbia, Aug. 07, 2019 (GLOBE NEWSWIRE) — Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSXV: MRS) is pleased to announce that it has received a contract award (the “Award”) – through its wholly-owned subsidiary, Unifire, Inc. – valued at approximately CAD $7,950,000. Delivery of the products subject to the Award will begin in 2019 and conclude during the third quarter of 2020 (the “Fulfillment Period”). The aggregate contract amount will be paid to the Company incrementally during the Fulfillment Period, with the respective payment relative to each partial shipment becoming due upon delivery.
Jeffery Schwartz, President & CEO of Mission Ready, states, “This Award – coupled with the many recent wins achieved by the Company – is a true testament to the focus and dedication of the Mission Ready team. We are determined to win more business and build enduring shareholder value through strategic positioning and embracing our core objectives which include, unequivocally, supporting our troops and investing in the people who will make it happen.”
The figures referenced herein have been converted from US currency (USD) to Canadian currency (CAD) using an exchange rate of 1.34.