Naturally Splendid Announces New Director

Vancouver, British Columbia – TheNewswire – November 2, 2020 – Naturally Splendid Enterprises Ltd. (“Naturally Splendid”, “NSE” or “the Company”) (FRANKFURT:50N) (TSXV:NSP) (OTC:NSPDF) is pleased to announce the appointment of Mr. Larry Gilmour to the Board of Directors.

Mr. Gilmour’s professional career began in sales and marketing with internationally recognized brands such as; Libby’s (Libby, McNeil and Libby); Playtex Corp.; and Black and Decker. Larry has also owned and operated chain grocery outlets including owner / operator of a Super Valu grocery store in Vancouver, BC for over five-years. He has a successful track record taking businesses with existing consumer bases and growing that business. Larry joined Independent Pharmacist Inc. where he leveraged his sales, marketing and management skills to drive membership significantly, increasing sales 10-fold from $2M CDN to $22M over a span of four years. When the business was sold Larry turned to building another business, Vancouver Wholesale Drugs in which he was a partner and General Manager overseeing a sales increase from $5M to $70M in just six years. Larry then returned to the grocery world purchasing an IGA grocery store in Vancouver, BC that he operated for over eight years. More recently Larry has been advising small to medium business owners in infrastructure, financing, sales and marketing.

Mr. Gilmour states, “I’ve had an opportunity to observe the evolution of Naturally Splendid over the past few years. I truly believe the varied career I have had, with the skills and lessons learned in sales and marketing, as well as my direct experience in the retail grocery space, is a combination that will be a great fit with the existing team at Naturally Splendid“.

With the appointment of Mr. Larry Gilmour to the Board of Directors, the Company has also accepted the resignation of Mr. Russ Crawford from the Board of Directors of Naturally Splendid. The Company thanks Russ for his participation on the Board and wishes him well in all future endeavors.

Naturally Splendid CEO Mr. J. Craig Goodwin states, “Larry’s unique skillset that combines sales & marketing with hands-on experience in the grocery trade will be of significant benefit as we expand our presence in this space with our latest offering, NATERA Plant Based Foods. We’ve known Larry for a number of years and have reached out to him on occasion to discuss business so he’s already coming into Naturally Splendid with an understanding of who we are and what our objectives are. We welcome Larry to the Board and look forward to working with him moving forward.”

About Naturally Splendid Enterprises Ltd.

NSE operates a Safe Quality Food Level 2 certified food manufacturing facility just outside Vancouver, BC in Canada. We have 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 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.

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, 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; the ability to complete the sales of all bulk hemp seed purchase orders; 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.

Source: the Newsfile

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