108-19100 Airport way, Pitt Meadows, BC, Canada

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Gordon Food Service Lists Plantein(TM) Products

Vancouver, British Columbia, September 8, 2022 – Naturally Splendid Enterprises Ltd. (“Naturally Splendid”, “NSE” or “the Company”) (FRANKFURT:50N) (TSX-V:NSP) (OTC:NSPDF) is pleased to announce Gordon Food Service Canada (GFS) as a National Distributor of our popular PlanteinTM plant-based products.

GFS has eleven (11) Distribution Centres across Canada with an estimated four hundred (400) Sales Representatives. GFS has listed seven (7) Plantein plant-based SKUs for the Canadian market including PlanteinTM Nuggets; Crumbed Tenders; Sweet Chili Tenders; Crispy Burger; Schnitzel; Garlic Kiev; and Phishy Filet.

GFS has been in operation for over 125 years and is the largest family-owned foodservice business in North America. GFS distributes to restaurants ranging from single locations to multi-national chains, as well as organizations such as universities, healthcare facilities, hotels and stadiums.

Naturally Splendid CFO Mr. George Ragogna states. “We are proud to have GFS list and distribute our PlanteinTM plant-based products. With GFS listing our product nationally, they will strategically have PlanteinTM plant-based products accessible for new customers wanting to include plant-based items on their menu. This will be a cornerstone to building our business across Canada and allow us to target larger national companies.”

Naturally Splendid CEO Mr. J. Craig Goodwin states, “In addition to securing GFS as a National Distributor, Naturally Splendid will be presenting the PlanteinTM line of plant-based entrees at the Gordon Food Service Food Show in Vancouver on September 21, 2022. Our contracted food brokers, Tri-Elite Marketing (www.trielitemarketing.ca), will showcase our  PlanteinTM products to GFS’s extensive network of customers. This is a significant opportunity for Naturally Splendid as it will allow the Company to interact directly with some of GFS’ most prominent clients building on the success of the Denny’s Restaurants national program in Canada that GFS services.”

 

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a plant-based food manufacturing and technology company that produces and distributes nutritious and delicious plant-based commodity products.

Founded in 2010, the Company operates a certified food manufacturing facility located just outside Vancouver, BC in Canada, focusing on producing an extensive range of plant-based entrees.

Naturally Splendid has an exclusive 10-year manufacturing and distribution agreement for Canada with a division of Australia’s largest plant-based food manufacturer, Flexitarian Foods Pty. Ltd.

In addition to producing the Company’s own branded products, Naturally Splendid provides contract manufacturing services and private labelling for a variety of nutritional plant-based food products destined for multiple distribution channels.

The Company has established healthy, functional foods under brands such as Natera Sport, Natera Hemp Foods, CHII™, Elevate Me™ and Woods Wild Bar™. The Company launched Plantein Plant-Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

Naturally Splendid has reached an agreement with Biologic to terminate the agreement with Plasm Pharmaceutical and is negotiating a compensation package for work done to date pursuing a potential treatment for Covid with the target drug Cavaltinib.

NSE has also developed proprietary technologies for the extraction of healthy omega 3 and 6 oils, as well as a protein concentrate from hemp.

On Behalf of the Board of Directors

Mr. J. Craig Goodwin

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) 570-0902

E-mail: [email protected]

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; customers will complete on sales contracts; 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.