Hampel's Gun Co.

Traverse City, 2^nd December 2016

Hampel's Inc., a traditional family owned Michigan company established in 1919, has reached an agreement to sell its guns & gunsmithing business to Meirelles Industries LLC, effective 31st December 2016. The new entity will do business as Hampel's Gun Co. and will operate in the facility located at 104 Mackey Drive, Traverse City, MI.

Mr. Karl Hampel has successfully led Hampel’s Inc. since 1977 and will continue to participate in the future of Hampel’s Gun Co. in advisory and consulting roles.

Rodrigo Meirelles, president of Meirelles Industries LLC, will be leading day to day operations of Hampel’s Gun Co.

“Hampel’s Inc. has an impeccable reputation and is the oldest firearms retailer in continuous operation in North America. We believe that by combining the profound industry knowledge and extensive customer relationships of Hampel’s highly professional staff with our proven track record in marketing and business strategy we have a very robust business,” said Rodrigo Meirelles. “We are honored to have been selected by Karl Hampel and the Hampel family to lead Hampel’s guns & gunsmithing in its second century of successful operations.”

Karl Hampel                                                                            Rodrigo Meirelles

President                                                                                  President

Hampel’s Inc.                                                                           Meirelles Industries LLC