Powell Max Limited Congratulates Remington Firearms on its New Production from State-of-the-Art LaGrange Facility Newly Manufactured Model 700 Rifles and Model 870 Shotguns Expected to Reach U.S. Retail Channels Beginning This Fall

Boca Raton, FL, Oct. 08, 2026 (GLOBE NEWSWIRE) — Powell Max Limited (NASDAQ:PMAX) (“Powell Max” or the “Company”) congratulates Remington Firearms on its announcement that newly manufactured firearms from its new state-of-the-art facility in LaGrange, Georgia, are expected to begin reaching U.S. distribution and retail channels this fall.