Canadian Small Arms Replacement Program
Metal Storm Limited was advised today that Defence Canada has published material that identifies Metal Storm technology as a key component of the Canadian Small Arms Replacement Program.
The Company has not been advised directly by Defence Canada of this information, but in accordance with its continuous disclosure obligations the Company is disclosing the published material to the market as soon as it has become aware of it. The Company will be seeking more information and will advise the market further once it has received this.
The presentation, entitled "S&T Support to the Canadian Small Arms Replacement Program", was published by Defence Research & Development Canada to attendees at the NDIA International Infantry & Joint Services Small Arms Symposium, Exhibition and Firing Demonstration in Indianapolis, IN, USA from 23 to 26 May, 2011.
The presentation identifies the Soldier Integrated Precision Effects System (SIPES) Technology Demonstration Project, which is labelled as being financed.
The presentation identifies (on Slide 8), five different concepts for the physical layout of the SIPES Integrated Infantry Combat Weapon (ICW). On the same slide it states the following:
"Secondary effects module (shotgun, programmable ammunition of different calibers), for all options based on Metal Storm technology"
The full presentation can be accessed using the following link:
http://www.dtic.mil/ndia/2011smallarms/wednesdayweapons12482harris.pdf
Note that the Company advised the market on January 18, 2010 that Metal Storm Inc. (MSI) had supplied three MAULTM 12-gauge weapons to Defence Research & Development Canada for evaluation purposes.
The Company will provide further advice when it is received.
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