|By Marketwired .||
|March 24, 2014 03:47 PM EDT||
BURNABY, BRITISH COLUMBIA -- (Marketwired) -- 03/24/14 -- Naturally Splendid Enterprises ("Naturally Splendid") (TSX VENTURE: NSP) announces that it has granted 460,000 stock options to officers, directors, consultants and employees of Naturally Splendid. The options were granted for a period of 2 years, expiring on March 24, 2016, and each stock option will allow the holder to purchase a common share of Naturally Splendid at an exercise price of $0.20.
About Naturally Splendid Enterprises Ltd.
Naturally Splendid markets its "NATERA" line of hemp-based superfood products to a retail network of stores across Canada including major national retailers and specialty stores. Naturally Splendid's recently rebranded "NATERA" line of products includes plain and flavored shelled hemp seeds and plain and flavored hemp protein powders.
Naturally Splendid has an exclusive sales agreement to market and distribute, in North America, the full complement of patent pending, plant-based omega products created by Boreal Technologies. The products include HempOmega and H2Omega, as well as the FlaxOmega, CanolaOmega, and ChiaOmega plant based omega products. These novel products utilize microencapsulation and liposome technologies and are available in both a powder format and an aqueous solution for increased flexibility in ingredient applications and stand-alone products.
J. Craig Goodwin, CEO & Director
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. Such factors include, among other things: risks and uncertainties relating to Naturally Splendid's limited operation history, ability to increase sales of its NATERA line of products, ability to complete sales of and develop new products of HempOmega and H2Omega, ability to successfully incorporate HempOmega and H2Omega in its existing product line, and ability to complete sales of FlaxOmega, ChiaOmega, and CanolaOmega. 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.
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