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Vancouver, BC / TheNewswire / March 9, 2016 - Naturally Splendid Enterprises (the "Company") (NSP - TSX Venture) (NSPDF - OTCQB) (50N - Frankfurt) announces that the directors of the Company have approved the re-pricing of 310,000 outstanding stock options from an exercise price of $0.20 to $0.285 and extending the expiry dates of those stock options to March 24, 2019. The amended stock options are held by directors, officers, consultants and employees of the Company.
The Company also announces that it has granted a total 305,000 stock options to certain employees and consultants of the Company. Each stock option is exercisable at a price of $0.295 per share, subject to certain vesting requirements and expires on March 8, 2018, in respect of 155,000 stock options, and December 1, 2018, in respect of 150,000 stock options.
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(R) 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(R) brand of pet care products; (4) BCI Division of plant-derived bulk ingredients including patent-pending HempOmega(R); 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 info@naturallysplendid.com 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: info@naturallysplendid.com
Website: www.naturallysplendid.com
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