Naturally Splendid Enterprises Announces Changes to Board of Directors

- December 20th, 2019

Naturally Splendid Enterprises Ltd. announces Mr. George Ragogna will be joining the Board of Directors of the Company

Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE”)(TSXV:NSP,  OTC:NSPDF, FRA:50N) a healthy food, hemp product developer and large scale producer for in-house brands as well as global contract manufacturer of nutritional plant-based products, is pleased toannounce Mr. George Ragogna will be joining the Board of Directors of the Company.

Company CEO Mr. Craig Goodwin states, “We are privileged to have George join our Board. His overall business acumen will be of great value as we grow our Company. George has over 30 years experience in the Canadian financial services industry with over 20 years in a progressive leadership role specializing in; strategic planning, corporate sales, workforce optimization and regulatory compliance he also brings a wealth of expertise specific to the hemp, cannabis, extraction and regulatory environment”.

Mr. Ragogna states, “Naturally Splendid is in a unique position in the consumer-packaged goods industry and have the ability to leverage this into new markets. I’m looking forward to joining the Board of Directors and the dynamic team at Naturally Splendid.”

Furthermore, the Company announces Mr. Peter Hughes, has resigned from his position as a Director. The Board of Directors would like to thank Mr. Hughes for all of his efforts as a director and looks forward to working with Mr. Ragogna in his new role on the Board of Directors.

About Naturally Splendid Enterprises Ltd.

NSE has established numerous healthy, functional foods under recognized brands such as Natera Sport(TM), Natera Hemp Foods, CHII (TM), Elevate Me (TM) and Woods Wild Bar. The Company has a myriad of new products and line extensions under development that are approaching launch. NSE has also developed proprietary technologies for the extraction of high demand, healthy omega 3 and 6 oils from hemp. (NSE sales revenues for the first half 2019 exceeded FY2018). NSE is the current “go-to” manufacturer for healthy, functional food products and ingredients focusing on plant-based ingredients. The Company provides contract manufacturing services for many global healthy food companies, private labelling a wide variety of nutritional food products destined for global healthy food markets. NSE plans to utilize current and new technologies to meet the expected exponential demand developing in the cannabis market. Pending appropriate NSE licensing and regulations in permitting jurisdictions, NSE’s current production facilities will be one of very few facilities that is capable of meeting the demand for infused edibles and oils for both in-house and contract manufacturers’ brands.

For more information e-mail info@naturallysplendid.com or call Investor Relations at 604-673-9573

On Behalf of the Board of Directors

Mr. J. Craig Goodwin

CEO, President & Director

Contact Information

Naturally Splendid Enterprises Ltd.

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

#108-19100 Airport Way

Pitt Meadows, BC, V3Y 0E2

Office: (604) 465-0548

Fax: (604) 465-1128

E-mail: info@naturallysplendid.com

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, Naturally Splendid’s ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; 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.

Click here to connect with Naturally Splendid (TSXV:NSP) for an Investor Presentation.

SOURCE

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