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Latest News Release on Naturally Splendid Enterprises Ltd. (NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)

 

Naturally Splendid Receives $924,000 Purchase Order for Hemp Food Products from Korean Company

VANCOUVER, BRITISH COLUMBIA - (February 3, 2016) - Naturally Splendid Enterprises Ltd. (“Naturally Splendid”) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announcethat it has received an initial purchase order for $924,000 CDN from the Korea Beauty & Health Care Co., Ltd. based in South Korea. The first shipment of 20 metric tonnes of hulled hemp seeds leaves the Naturally Splendid distribution centre in Burnaby, BC on February 5, 2016 and is destined for the Port of Busan in South Korea.

Korea Beauty & Health Care Co., Ltd. (KBH) was established in 2003 and has a successful track record bringing a variety of products to the South Korean marketplace in the area of cosmetics, household items, functional foods, and medical equipment. KBH was certified as a food manufacturer and cosmetic manufacturer in 2015 and is also a product developer with its own R&D facility. The Company currently employs 62 people and generated revenue of approximately 12,000,000,000 Won ($14,000,000 CDN) in 2015 via online shopping, offline shopping, traditional retail and TV shopping channels. KBH will be marketing the NATERA® brand through online shopping, offline shopping, traditional retail and TV shopping channels.

Craig Goodwin, CEO of Naturally Splendid Enterprises, reports, “This initial order is secured by an irrevocable letter of credit which is a recognized financial instrument for international business. All in all, this is a significant day in the development of Naturally Splendid. As I’ve stated on several occasions, much of 2015 was focused on acquiring technology and processing capacity as well as the personnel to execute our vision. I believe that 2016 will be the year when our efforts will be translated into multiple revenue streams. The South Korean opportunity secures us a foothold in the growing Asian market. We see increased interest for our hemp food products in Asia and we are in advanced discussions with several other groups in Asia and anticipate additional purchase orders from the region in due course”.

“I would also like to thank the Canadian government for their support as we expand our sales efforts in Asia. Naturally Splendid is now considering attending trade missions as a part of a Canadian contingent in Singapore and South Korea over the next several months to establish new business contacts”, adds Goodwin.

South Korea’s population is 49.3 million and, in terms of market size, the nation’s economy ranks 11th in the world by nominal GDP and 13th by purchasing power parity. As seniors become a larger segment of the population, the South Korean government is increasingly concerned about keeping them fit and in good health. Government campaigns promoting healthy living and eating have led to increased consumption of healthy food items.

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.

Naturally Splendid currently has four innovative divisions: (1) Natera® brand of retail hemp superfood products currently distributed throughout North America; (2) Chi Hemp Industries Incorporated (Chii) is selling natural and organic hemp products through e-commerce (3) PawsitiveFX® brand of pet care products; (4) BCI Division of plant-derived bulk ingredients including patent-pending HempOmega®; and (5) hemp-based cannabinoid nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.

For more information please e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call 604-673-9573

On Behalf of the Board of Directors

J. Craig Goodwin
CEO, Director
Contact Information
Naturally Splendid Enterprises Ltd.
(NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)

 

Naturally Splendid Adds Significant Korean Distributor  

VANCOUVER, BRITISH COLUMBIA - (November 25, 2015) - Naturally Splendid Enterprises Ltd. (theCompany) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announcea Letter of Intent (LOI) has been executed with Korean based distributor, Agrio Co., Ltd. (“Agrio”) to market the 100% owned NATERA® hemp food retail line and the 100% owned PawsitiveFX™ pet care line throughout South Korea.

Agrio is dedicated to importing high quality products through long-term relationships with overseas partners. Agrio has successfully signed multiple exclusive supplier contracts in China, Russia, Thailand and Canada. Agrio produces and distributes organic feeds and is currently expanding their field of business, including high quality hemp products from North America.

Additionally, Agrio is a leading corporation in the field of farm management and supporting service in South Korea. Agrio is involved with various aspects of farm management systems including raw-material production, distribution, e-commerce, marketing and consultation.

NATERA® (www.nateralife.com) is the Company's retail hemp food line that consists of a variety of naturally flavoured hemp seeds and proteins produced from 100% Canadian grown and processed hemp. The Company has three (3) flavours of hemp seed and four (4) flavours of hemp protein. The products are all natural and GMO free.

Pawsitive FXTM (www.pawsitivefx.com) is the Company’s retail line of all natural balms for dogs. Current product offering includes Happy PawsTM, Strong PawsTM and Happy SnoutsTM. Additionally, Naturally Splendid is in the process of developing a HempOmega™ infused line of dog food and treats. Testing on the manufacturing process was a success and the Company will be embarking on a canine trial to determine the efficacy when fed to dogs. Upon completion of the canine trial, the Company expects to add an omega dense line of dog food to its retail offering.

Applications for plant-based bioactive ingredients include functional foods and beverages, personal care, pet products, and livestock feed. Research and Market reports that bio-active ingredients are projected to increase by a growth rate of 7.2% by 2018 to reach $33.6 billion. Data suggests that the Asia-Pacific region is a significant market due to factors such as increasing population, urbanization and disposable income.

In a custom report compiled by Euromonitor International for the British Columbia Ministry of Agriculture in March of 2014 they reported, “As seniors become a larger segment of the population, the South Korean government is increasingly concerned about keeping them fit and in good health. Government campaigns promoting healthy living and eating have led to increased consumption of healthy food items especially fresh food and healthy packaged food subcategories such as granola/muesli bars and soy milk products. The same healthy categories are also benefiting from growing attention to South Korea’s rising obesity rate.”

Naturally Splendid VP of Operations Bryan Carson summarizes, “This is further evidence that the same healthy diet trends that are prevalent in North America, exist across a wide geographical and ethnic band width.”

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.

Naturally Splendid currently has four innovative divisions: (1) Natera® brand of retail hemp superfood products currently distributed throughout North America; (2) PawsitiveFX® brand of pet care products; (3) BCI Division of plant-derived bulk ingredients including patent-pending HempOmega®; and (4) hemp-based cannabinoid nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.

For more information please e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call 604-673-9573

On Behalf of the Board of Directors
J. Craig Goodwin
CEO, Director

 

Naturally Splendid Signs Definitive Agreement to Purchase Chi Hemp Industries Inc.                                        

VANCOUVER, BRITISH COLUMBIA - (November 4th, 2015) - Naturally Splendid Enterprises Ltd. (theCompany) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce that it signed a definitive share purchase agreement with Chi Hemp Industries Inc. ("CHII") and the shareholders of CHII (the "CHII Shareholders") whereby Naturally Splendid has agreed to acquire all of the issued and outstanding shares of CHII (the "CHII Shares").

As described in an earlier news release, CHII is an online hemp company, based in Victoria, British Columbia, Canada. Their existing warehousing operation in Victoria, BC that distributes hemp products including seeds, oil and protein, will be replaced by Naturally Splendid's 7,000 square foot facility in Burnaby, BC.

Under the terms of the definitive agreement, the CHII Shareholders will sell the CHII Shares to Naturally Splendid and, in consideration of which, Naturally Splendid will issue CAD $75,000 of common shares of Naturally Splendid to the CHII Shareholders and pay CAD $75,000 (the "Cash Payment") to the CHII Shareholders. The Cash Payment will be made in three separate tranches: $25,000 within three months of closing, $25,000 within six months of closing and $25,000 within nine months of closing.

CHII has sold over one million pounds of hemp products since 1998. In fiscal year 2014/2015, CHII generated approximately CAD $300,000 in sales as well as positive earnings. The additional infrastructure and support available from Naturally Splendid creates the opportunity to build upon this revenue base.

On closing of the transaction, the CHII Shareholders, being Marco Pimentel and Agnieszka Wojdyla, will enter into a one year consulting agreement with Naturally Splendid. Their responsibilities will include the development and growth of CHII and associated websites, as well as optimizing revenue on Naturally Splendid's online business. Further, the CHII Shareholders will receive a 12% gross sales commission on any lines of business that are directly benefited from their services.

Naturally Splendid V.P, Bryan Carson states, “Since the announcement of CHII, we have identified multiple opportunities in the retail hemp food sector. We will continue to grow our existing retail lines and pursue other areas of expansion for our retail divisions. The CHII team will be instrumental in assisting Naturally Splendid achieve these goals and we are excited to have them play a major role in our growth strategy moving forward.”

Closing of the transaction is subject to acceptance by the TSX Venture Exchange.

Options Granted

Naturally Splendid announces that it has granted 395,000 stock options to officers, directors, employees and consultants of the Company. The options granted to officers or directors expire 5 years from the date of grant and the options granted to employees and consultants expire 2 years from the date of grant.  Each stock option will allow the holder to purchase a common share of the Company at an exercise price of $0.31.

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.

Naturally Splendid currently has four innovative divisions: (1) Natera® brand of retail hemp superfood products currently distributed throughout North America; (2) PawsitiveFX® brand of pet care products; (3) BCI Division of plant-derived bulk ingredients including patent-pending HempOmega®; and (4) hemp-based cannabinoid nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.

For more information please e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call 604-673-9573

On Behalf of the Board of Directors

J. Craig Goodwin

CEO, Director

Contact Information

Naturally Splendid Enterprises Ltd.

(NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)

2435 Beta Avenue

Burnaby, BC, V5C 5N1

Phone: (604) 570-0902

Fax:     (604) 570-0934

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.naturallysplendid.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control including, the Company's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

Naturally Splendid Enters into Exclusive Distribution Agreement with Swiss Company for Hemp-Derived Products

VANCOUVER, BRITISH COLUMBIA--(June  23rd, 2015) - Naturally Splendid Enterprises Ltd. (the “Naturally Splendid” or “NSE”) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce that its wholly-owned U.S. subsidiary, Naturally Splendid USA, has entered into an exclusive Sales and Distribution Agreement for North America, with Medropharm GmbH, a biotech company located in Kradolf, Switzerland. Medropharm specializes in the production, extraction, research, and formulation of raw materials and products derived from industrial hemp. Under the Agreement, Naturally Splendid USA will have the exclusive rights to market and distribute in North America an edible, cannabidiol-rich, hemp powder, as well as the non-exclusive rights to market and distribute hemp-derived cannabinoid extracts and formulations globally. The products contain naturally-occurring cannabidiol, a non-psychoactive cannabinoid prevalent in industrial hemp strains of Cannabis sativa. The term of the initial exclusive Distribution Agreement is for two (2) years. Pursuant to the agreement, Naturally Splendid will be permitted to sell the products to Medropharm’s existing clients.  Naturally Splendid is required to purchase 2,000kg of the hemp powder in the first year and 3,000kg in the following years to accommodate Medropharm’s existing product demands as well as NSE’s own industry prospects.    

Medropharm’s industrial hemp is sustainably grown on over 3,500 hectares under strict EU Regulations with constant monitoring to minimize the environmental impact and ensure the highest quality of raw materials. From seed through product development, the raw materials are analyzed to ensure consistency in quality, safety and composition. The products are manufactured and tested in facilities with FDA, ISO, and cGMP certifications which is rare find in this burgeoning industry.

CEO Craig Goodwin expressed, “Naturally Splendid is thrilled to have found a partner like Medropharm with a similar focus on quality and accountability. We are most fortunate to start this exclusive distribution agreement with Medropharm as it allows us to continue sales of the Medropharm products in the United States to clients that previously purchased the products from Medropharm directly.  It is our intention to build on that existing clientele and increase sales volumes significantly. We remain committed to maximizing the multiple revenue streams available from this one amazing plant”.

Medropharm’s CMO Patrick Widmer states, “We are delighted to partner with Naturally Splendid for high-volume distribution of our hemp-derived products. We share the same strategy focused on creating an industry standard for transparency and quality for our consumers. Our cultivation and inventory are sufficient to allow Naturally Splendid to generate annual sales of our cannabidiol (CBD) products at approximately US $10,000,000. We are confident that Naturally Splendid, through focused efforts, can grow annual sales of the products to ten (10) tons annually in the United States as the regulatory environment continues to evolve.  There are many exciting future opportunities on the horizon for our partnership with Naturally Splendid and we look forward to a prosperous relationship.”

Naturally Splendid’s Manager of Regulatory Compliance Katie Schmitt states, “We have worked diligently securing the necessary legal opinions in the jurisdictions where we will be operating both in Switzerland regarding the exportation of these CBD products, as well as the markets in the United States where we will be importing the hemp-derived products and distributing them.” The products that will be distributed throughout the United States do not violate the Controlled Substances Act as they are derived from permissible parts of the industrial hemp plant. These quality ingredients are suitable components for food and cosmetic applications and will be available for wholesale throughout the U.S. Other products will be available for distribution in jurisdictions in accordance with applicable regulatory guidelines.  

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications. Naturally Splendid currently has four innovative divisions: (1) Natera™ brand of retail hemp superfood products currently distributed throughout North America; (2) PawsitiveFX™ brand of pet care products; (3) BCI™ division of plant-derived bulk ingredients including patent-pending HempOmega™; and (4) hemp-based cannabinoid pharmaceuticals and nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.

About Medropharm GmbH

Medropharm GmbH is a biotech company that specializes in the production, extraction, research, and formulation of raw materials and products derived from industrial hemp. Medropharm is committed to researching the medicinal plant Cannabis sativa and processing its components into high-quality inputs for the food, cosmetic and pharmaceutical industries. Medropharm is deeply involved in sustainable plant propagation and is currently developing new germplasms and cultivation methods are intended to revolutionize the production of high-quality, naturally-occurring cannabinoids. Medropharm’s mission is to produce high-quality cannabinoids for the pharmaceutical and food industries by means of rigorous standards of production and quality control, and to become a world leader in the research, development, manufacture and distribution of cannabinoid-containing products.

For more information e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call 604-673-9573

On Behalf of the Board of Directors 

 

Naturally Splendid Pet Care Line Awarded Best New Product Award

VANCOUVER, BRITISH COLUMBIA--(May7th, 2015) - Naturally Splendid Enterprises Ltd. (the "Company") (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce that its all-natural pet care line branded under the Pawsitive FXTM, has been awarded Best New Product at its debut at the Calgary Pet Industry Trade Show on April 26th, 2015.  The annual event, organized by the Pet Industry Joint Advisory Council of Canada (PIJAC Canada) draws together manufacturers, distributors and retailers from all over Alberta, Northwest Territories and beyond.

Pawsitive FX™ is the second retail brand Naturally Splendid has launched, the first retail line being NATERA®, a hemp food line consisting of hemp seeds and hemp protein. NATERA® is distributed by several distributors including Canada’s largest natural products distributor Purity Life. Company CEO, Craig Goodwin reports, “It has been an auspicious start for Pawsitive FX™. To be awarded best New Product in our debut trade show is a strong signal of consumer demand for this line. We look forward to discussing national representation of the Pawsitive FX™ line with several significant North American Distributors.

 

Naturally Splendid Enters into Letter of Intent to Acquire 51% interest in POS BPC ManufacturingCorp.

VANCOUVER, BRITISH COLUMBIA--(April 27, 2015) - Naturally Splendid Enterprises Ltd. (the “Naturally Splendid” or “NSE”) (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to announce it has entered into a non-binding letter of intent with POS Holdings Corp. (“POS”) whereby Naturally Splendid and POS have agreed to finalize a definitive agreement (the “Definitive Agreement”) setting forth the proposed purchase by Naturally Splendid of a 51% of the issued and outstanding shares of POS BPC Manufacturing Corp. (the “Purchased Shares”) from POS. 

POS BPC Manufacturing Corp. operates a 12,000 square foot production facility (the “BPC Facility”). The BPC Facility contains ~60,000L of tankage, a fractional distillation system, evaporation equipment, spray drying equipment, a ring dryer and various other pieces of complementary & auxiliary equipment.

The BPC Facility is capable of processing a variety of products including the suite of plant-based omega technologies such as HempOmega™, licensed by FSL to Naturally Splendid. Additionally, the BPC Facility is designed to produce plant-based extracts, tinctures and dry ingredients for a variety of clients. The ability for Naturally Splendid to control its own processing is a significant strategic development. Additionally, the BPC Facility has the potential to generate revenue from clients who require toll processing specific to this type of facility.

Under the proposed terms of the Definitive Agreement, POS will sell the Purchased Shares to Naturally Splendid and, in consideration of which, Naturally Splendid will pay CAD $1,750,000 (the “Cash Payment”) to POS and issue CAD $250,000 of common shares of Naturally Splendid (the “Consideration Shares”) to POS at a price equal to the five day average closing price of the common shares of Naturally Splendid prior to the date of the letter of intent. The parties have agreed that the Consideration Shares will be escrowed for a period of 12 months.

After closing of the transaction, each of POS and Naturally Splendid will have an equal number of directors on POS BPC Manufacturing Corp, and POS will continue to be the operator of the BPC Facility.

The letter of intent also provides that Naturally Splendid and POS (or its subsidiaries) will enter into licensing and/or sales agreements whereby Naturally Splendid will have the right to market, on an exclusive basis, a minimum of five (5) products of POS (the “Exclusive Products”) and market, on a non-exclusive basis, additional products of POS (the “Non-Exclusive Products”). The ingredients included in this offering are of high quality sourced plant and marine extracts in the form of powder or oil. These ingredients are environmentally sustainable and promote good health and nutrition.

Naturally Splendid may integrate the extracts into their Natera® and Pawsitive FX™ retail products, as well as offer wholesale and bulk ingredients for global commercial distribution. The parties have agreed that the Exclusive Products and Non-Exclusive Products when possible will be manufactured at the BPC Facilities following closing of the transaction.  Naturally Splendid will also have the right to have its product lines manufactured at the BPC Facility.

The parties have agreed to close the proposed transaction by May 31, 2015. Closing of the transaction will be subject to a number of customary conditions as well as (i) TSX Venture Exchange acceptance of the transaction, (ii) completion of satisfactory due diligence by the parties, and (iii) POS obtaining the necessary third party consents to approve the transaction.

Management Consulting Agreement

Naturally Splendid is also pleased to announce that it has entered into a management consulting agreement with David Racz, who serves as President of Naturally Splendid Enterprises USA Ltd., a wholly owned Colorado subsidiary of Naturally Splendid, and as a member of the board of directors of Naturally Splendid.  The management consulting agreement sets forth the services to be provided by Mr. Racz to Naturally Splendid and, in consideration of which, Naturally Splendid will: (i) pay $10,000 per month to Mr. Racz (the “Consulting Fee”), and (ii) issue a total of 625,000 common shares to Mr. Racz over a twelve month period (the “Consulting Shares”).

The term of the management consulting agreement is for a period of one year unless terminated earlier by the parties. In the event that management consulting agreement is terminated on or following a “triggering event”, Mr. Racz will be entitled to the balance of the Consulting Fee and Consulting Shares for the remaining term of the management consulting agreement.

The management consulting agreement is subject to the acceptance of the TSX Venture Exchange.

About Naturally Splendid Enterprises Ltd.

Naturally Splendid has an exclusive licensing agreement to market and distribute, the full complement of patent pending, plant-based omega products created by Boreal Technologies. The products include HempOmega™ and H2Omega™, as well as the AlgaeOmega™ FlaxOmega™, CanolaOmega™, and ChiaOmega™ plant based omega products. These novel products utilize microencapsulation and are available in both a powder format and an aqueous solution for increased flexibility in ingredient applications and stand-alone products. Additionally, Naturally Splendid has licensed from FSL progressive cannabinoid extraction and formulation technologies including the world’s first water soluble cannabinoid patent.

Naturally Splendid's 100% owned NATERA™ line of hemp-based superfood products are carried nationwide by Canada's leading health food distributors and a network of retail stores across Canada including major retailers and specialty stores. Naturally Splendid's recently rebranded "NATERA™" line of products includes natural and flavored shelled hemp seeds as well as natural and flavored hemp protein powders.

About POS Bio-Sciences

POS Bio-Sciences offers expertise and service in bioprocessing applied research from bench-top to commercialization scale. POS’ focus is process development, analytical services, and custom processing as well as specializing in extraction, fractionation, modification and purification of biobased materials.

All POS Bio-Sciences processes are GMP-compliant and fully supported by quality assurance, commitment to regulatory compliance, and certification to international standards. POS’ also offers a suite of support services to assist clients and ensure that project outcomes meet their needs and expectations.

POS Bio-Sciences is a registered business name of POS Management Corp.

For more information e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call 604-673-9573

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Naturally Splendid to Custom Formulate HempOmega™ for Laguna Blends Protein Line

BURNABY, BRITISH COLUMBIA (The News Wire – April 14th, 2015) - Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or the "Company") (TSX VENTURE: NSP) (OTCQB: NSPDF) (FRANKFURT: 50N) is pleased to announce that it has signed a letter of intent (“the LOI”) with Laguna Blends Inc. Under the terms of the LOI,  Laguna and NSP plan to enter into a research, development and manufacturing agreement (“the Definitive Agreement”) for the purpose of pursuing mutually beneficial business opportunities in the hemp food products area (the “Proposed Transaction”).

 

EXCLUSIVE RESEARCH & DEVELOPMENT AGREEMENT PH.D. RICK GREEN JOINS ADVISORY BOARD

BURNABY, BRITISH COLUMBIA –(The News Wire - March30, 2015) - Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or the "Company") (TSX VENTURE: NSP) (OTCQB: NSPDF) (FRANKFURT: 50N) is pleased to announce that it has signed a binding letter of agreement (“Agreement”) with POS BPC Manufacturing Corp., a wholly owned subsidiary of POS Bio-Sciences (POS), to provide research and development services (“Services”) to Naturally Splendid, on an exclusive basis for hemp based research, process and product development, from the date of this Agreement until September 1, 2017.

Under the terms of the Agreement, Naturally Splendid will invest a minimum of CAD $250,000 to retain POS to further develop the plant based omega technologies and products licensed from Full Spectrum Laboratories Limited, specifically targeting the omega oil industry.  The technical and product development strategy will be finalized in April 2015 and final details will be provided at that time.  All intellectual property and products developed by POS, in the course of providing the Services, will be solely owned by Naturally Splendid.

 

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CLEARLY CANADIAN BEVERAGE FOUNDER JOINS NATURALLY SPLENDID                  

BURNABY, BRITISH COLUMBIA – ( TheNewsWire - March 23, 2015) - Naturally Splendid Enterprises (the "Company") (TSX VENTURE: NSP) (OTCQB: NSPDF) (FRANKFURT: 50N) is pleased to announce the appointment of Mr. Douglas Mason to its Corporate Advisory Board. Mr. Mason’s primary focus will be to assist management with marketing and sales strategies for the Company's full range of products licensed under the recent agreement with Full Spectrum Laboratories (FSL).

Mr. Mason serves as a senior officer and director of a number of public companies and has extensive experience in financings and acquisitions in capital markets, raising over $200 million over the past 25 years. He is currently Chairman of the Board and CEO of Waterfront Capital Corporation. From 1998 through 2005, Mr. Mason served as President, Chief Financial Officer and Director of Clearly Canadian Beverage Corporation, a producer of premium beverage products. During his 20 years in the beverage industry, Douglas built a reputation for innovation and has been credited as being one of the pioneers of the New Age Beverage category.

 

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FORMER MAPLE LEAF FOODS PRESIDENT JOINS NATURALLY SPLENDID

BURNABY, BRITISH COLUMBIA--(Marketwired – March 16, 2015) - Naturally Splendid Enterprises (the "Company") (TSX VENTURE:NSP)(FRANKFURT:50N)(OTCQB:NSPDF) is pleased to announce the appointment of Mr. Ted McKechnie to its Corporate Advisory Board to assist the Company with development and marketing strategies for penetrating the $35B global omega market. Mr. McKechnie’s primary focus will be to assist management in the marketing and sales of the Company's plant based line of omega products licensed under the recent agreement with Full Spectrum Laboratories (FSL). Mr. McKechnie will utilize his extensive network and relationships in the food and beverage industry to generate sales opportunities as they specifically relate to the omega industry. Additionally, Mr. McKechnie will lend his expertise in the area of wholesale and retail product development, marketing and distribution.

Mr. McKechnie is a senior executive with extensive Board and Senior Management Experience in the consumer goods and service industries.  Ted has a proven track record for achieving corporate financial and growth objectives. He has held senior positions with Kraft, General Foods, PepsiCo and Frito Lay.

 

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NATURALLY SPLENDID ANNOUNCES ADDITION OF BOREAL VP AND OVER $300,000 OF WARRANTS EXERCISED

March 10, 2015 – Vancouver, BC – Naturally Splendid Enterprises (the “Company”) (NSP – TSX Venture) (NSPDF – OTCQB) (50N – Frankfurt) is pleased to report they have retained the services of Mr. Dennis Colon, VP of Operations from Boreal Technologies. Mr. Colon will be directly involved in the transfer of omega technology obtained under the agreement between the Company and Full Spectrum Laboratories Limited (FSL). Furthermore, Mr. Colon will be key in the implementation of strategies as the Company continues to progress with its plans to commercialize HempOmega™ through its strategic partnership with Nature's Health Products Canada Corp. ("NHPCC"), a member of the POS Group of Companies based in Saskatoon, Saskatchewan. Naturally Splendid VP of Operations Bryan Carson reports, “Mr. Colon has been instrumental in the development of HempOmega™. We have witnessed his abilities first hand and have worked closely with him for over eighteen (18) months fine tuning the manufacturing process for HempOmega™ to meet Naturally Splendid's strict requirements. We are fortunate to add Dennis to the Naturally Splendid team as we take these next steps toward commercializing this technology”.

Warrants Exercised

The Company is pleased to announce that 1,208,042 previously issued share purchase warrants (the “Warrants”) were exercised for gross proceeds of $308,605.  Of the Warrants exercised, 1,076,142 Warrants were exercised at a price of $0.25 per share and 131,900 Warrants were exercised at a price of $0.30 per share.  The Warrants were issued as part of the non-brokered private placement financings in November 2013 and April 2014.

 

 

 

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