The Limestone Boat Company Ships First Two Test Models to Vision Marine Technologies for EV Integration

Collingwood, Ontario, September 13, 2021 – The Limestone Boat Company Limited (“Limestone”) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pleased to announce that its first two Test Boats are en route to Vision Marine Technologies (“Vision”) (NASD: VMAR) for fitting of their innovative EV Outboard engines.

“At The Limestone Boat Company innovation and advancement are always at the top of our minds. In fact, one of our corporate goals is to embrace and take a leadership position in delivering EV technology to the market, while also providing our customers with durable, dependable products, equipped with top-of-the-line technology,” said CEO Scott Hanson.

“Our partnership with Vision Marine Technologies is extremely important to us,” Hanson continued. “We are very excited to share this sneak peek of two boats on their way to Vision Marine to be fitted and tested with Vision’s E-Motion 180hp fully electric outboard motor, as we look to offer electric-powered outboard engine options for specific models in the near future for customers. Upon the completion of installation by Vision, the boats will undergo Sea Trials. We look forward to providing future progress updates in the coming months.”

Limestone® test boats being shipped to Vision Marine for electric motor installation and Sea Trials.

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:
Investor Relations: Bill Mitoulas

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

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