The present invention provides a solution with a releasable, childproof container that is particularly suited for ammunition and other hazardous items. The container has a cover and body. The container body includes, preferably in two opposing side walls, a resilient leaf, which is preferably biased slightly outward. The resilient leaf is adapted to pivot inwardly and outwardly within an opening in a side wall. The container cover includes stops mounted on an inner surface of the body side walls and aligned with the cover side wall having the resilient leaf. Adjacent to and above the stop is a release panel, which is also capable of pivoting inwardly and outwardly relative to the container.