COLLINGWOOD, Ontario, Feb. 09, 2022 (GLOBE NEWSWIRE) -- The Limestone Boat Company (“Limestone” or the “Company”) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pleased to announce that it has added its first Canadian-based dealer to represent the Aquasport Boats brand: DeWildt Marine & Powersports.
This three-location dealer (Hamilton/Niagara, Innisfil and Peterborough) – all part of the DeWildt Family of companies - is a family owned and operated business that is celebrating over 50 years of business in the automotive, powersports and marine industry in Southern Ontario, Canada.
“As we continue to grow and expand The Limestone Boat Company’s offerings, we are extremely excited to bring DeWildt Marine & Powersports into our family of dealer representation for Aquasport Boats,” said Scott Hanson, CEO of The Limestone Boat Company Limited. “We immediately recognized DeWildt’s dedication and passion and found them to be an ideal fit for growing our market reach across the border in Canada. We know that moving forward they will only add to the growth and elevation of our Aquasport brand as we continue to expand our model offerings, production capacity, and dealer opportunities in new markets.”
“We’re proud to be presenting Aquasport models, as well as the Limestone Boat Company as a whole,” added Dealer Principal Ken DeWildt. “We take great pride in offering the utmost in sales and service to our loyal customer base, and we recognize the potential market here in Canada for Aquasport. The highly recognized brand and associated model offerings allow us to expand our opportunities as well as offer a solid product to a previously untapped market. We see nothing but success with this partnership.”
Limestone recently launched the Aquasport Boats brand in the Canadian market for the first time at the Toronto International Virtual Boat Show, where the banner’s offerings drew significant consumer and dealer interest. For more information on The Limestone Boat Company, visit www.limestoneboatcompany.com, www.aquasportboat.com, www.limestoneboats.com.
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About The Limestone Boat Company Limited
The Limestone Boat Company – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats - is publicly traded on the Toronto Venture Exchange under the ticker symbol BOAT. They are headquartered in Collingwood, Ontario with a 145,000 sq. ft. manufacturing facility in White Bluff, Tennessee. The company is backed by a large, skilled labor force and dealer partners throughout the United States and the Canadian Great Lakes Region.
For more information, contact:
Bill Mitoulas | Investor Relations
800-720-2395
bill@limestoneboats.com
www.limestoneboatcompany.com
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Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “anticipate”, “believe”, “could”, “should”, “would”, “estimate”, “expect”, “forecast”, “indicate”, “intend”, “likely, “may”, “plan”, “potential”, “project”, “outlook”, “seek”, “target”, “trend” or “will” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties’ current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The Company is subject to a number of risks relating to integration and go-forward operations, certain of which are more particularly described in the Company's public filings available on SEDAR including, without limitation, the filing statement filed by the Company on February 23, 2021, and the MD&A. The forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Many factors could cause actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements. All the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that the actual results or developments will be realized or, even if substantially realized, will have the expected consequences to, or effects on, the Company. Unless required by applicable securities law, the Company does not intend and does not assume any obligation to update these forward-looking statements.
