Great NewsQ2 2020 Financial Summary (expressed in CAD unless otherwise indicated) - Record 3-month sales revenues $27.21 million, and gross profit of $2.05 million, for the three months ended June 30, 2020; - Record six-month sales revenues $42.30 million, and gross profit of $2.86 million, for the six months ended June 30, 2020; - Net cash used in operating activities reduced by $1.57 million to $0.86 million for the six months ended June 30, 2020 as compared to the same period in 2019; - Settled $2,190,658 in outstanding creditor debt through the issuance of 14,604,387 common shares of the Company, resulting in a recognized gain on settlement of debts of $949,285 during the six months ended June 30, 2020; and - Received a total of US$488,400 under the Paycheck Protection Program of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) administrated by the US Small Business Administration to aid in covering payroll costs and providing financial relief for Company employees. The Companys Financial Statements, Management Discussion and Analysis and related filings for the second fiscal quarter ended June 30, 2020, can be viewed at the following link: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00029644 Manufacturing Contract Update Further to its news release dated June 19, 2020 announcing a contract to manufacture female-specific body armor for military personnel, the Company reports that the purchase order, valued at C $2.9MM, has been cancelled by the third-party vendor (Purchaser). Mission Ready is reviewing the circumstances resulting in the cancellation by the Purchaser and exploring its recourse options to include the potential recoupment of the program costs incurred by the Company to date. Accounts Receivable Financing Facility Mission Ready is pleased to announce that its wholly-owned subsidiary, Unifire, Inc. (Unifire), has entered into an accounts receivable (AR) financing agreement (the AR Agreement) with Crestmark, a division of MetaBank, N.A. (Crestmark). Crestmark is the commercial lending division of a large bank headquartered in Sioux Falls, SD. Crestmark will advance up to USD $8,000,000 to Unifire, utilizing an advance formula of 90% of the face value of invoices outstanding. The AR Agreement will be secured by the assets of Unifire, including a first-ranking security interest in its accounts receivable. The fees payable on funds advanced are set at 1% for the first 30-day period, and an incremental discount of 0.165% for each five-day period thereafter.