Vision Marine Technologies: The Limestone Boat Company Places First Order for Fully Electric Systems for Its 2024 Model Year Serial EV Boat Production

Greenstock News - SEPTEMBER 21, 2022 - NASDAQ: VMAR

The Limestone Boat Company (the “Company”) (TSXV: BOAT | OTCQB: LMSBF)

Owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pleased to announce that it has placed an initial order for the first fully electric propulsion systems to be installed on its 2024 Model Year EV boats following the successful sea trial results of its Vision Marine (NASDAQ: VMAR) E-Motion electric outboard-powered Aquasport 2100CC this summer.

The in-water testing fully validated the Company’s EV engine partner Vision Marine as the preeminent provider of high-performance electric power in the recreational boating market, yielding impressive speed, operating and recharging times, and handling results. The new EV model will debut later this month in the Vision Marine Technologies display at the Fort Lauderdale International Boat Show. Consumers there will be able to place a deposit to secure one of the first-run production models slated for delivery in Q4 2023.

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