(via Thenewswire.ca)

Vancouver, BC / TheNewswire / June 7, 2016 - Naturally Splendid Enterprises Ltd. ("Naturally Splendid") (NSP - TSX Venture) (NSPDF - OTCQB) (50N - Frankfurt) is pleased to announce that its board of directors have approved a proposed private placement offering of a minimum of 5,555,555 units (the "Units") up to a maximum of 9,259,259 Units at a price of $0.27 per Unit for minimum gross proceeds of $1,500,000 and up to maximum gross proceeds of $2,500,000 (the "Offering").

Naturally Splendid CEO Mr. Craig Goodwin states, "We continue to increase sales through several channels including exports, our 100% owned retail lines as well as the POS Bio Processing Centre (POS BPC). On July 1, 2016, the Company will be moving to its new expanded location in the Greater Vancouver Region to accommodate the increased product flow and sales. This raise allows us to continue our aggressive exporting strategy and add to our South Korean success with exports to additional countries in Asia and Europe. We are currently at an advanced stage of negotiations with three countries for bulk and retail exports of our hemp based products including HempOmega(TM).

Goodwin further states, "We will also direct funds towards commercializing and monetizing our Cannabidiol (CBD) technologies and products, as regulatory issues continue to clear resulting in fewer legal challenges in this highly regulated market, subject to TSXV regulatory approval. As with emerging opportunities, timing is of utmost importance and we are well positioned to penetrate this market as that time nears. We believe it is just a matter of time until the CBD regulations are relaxed allowing for neutraceutical grade CBD products".

Each Unit will be comprised of one common share of Naturally Splendid and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at $0.35 per share for a period of two years from the date of the issue. Naturally Splendid will have the right to accelerate the expiry date of the Warrants if, at any time, the average closing price of Naturally Splendid's common shares is equal to or greater than $0.45 for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Naturally Splendid issues a news release announcing that it has elected to exercise this acceleration right.

The Offering will be completed to "accredited investors" pursuant to National Instrument 45-106 - Prospectus and Registration Exemptions ("NI 45-106"), to existing security holders pursuant to BC Instrument 45-534 - Exemption from prospectus requirement from certain trades to existing security holders ("BCI 45-534") and to certain subscribers pursuant to B.C. Instrument 45-536 - Exemptions from prospectus requirement for certain distributions through an investment dealer . The Offering of securities pursuant to 45-534 is being made to existing security holders who held shares of Naturally Splendid on June 2, 2016 (the "Record Date").

Naturally Splendid plans to use the gross proceeds of the Offering as follows:

In the event that Naturally Splendid receives subscriptions above the maximum, Naturally Splendid will adjust the subscriptions received on a pro-rata basis.

Subject to TSX Venture Exchange approval, Naturally Splendid may pay finders a fee consisting of cash and warrants from the proceeds of the proposed Offering.

Closing of the proposed Offering is subject to the approval of the TSX Venture Exchange .

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended, (the "U.S. Securities Act") or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of Naturally Splendid's securities in the United States.

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 five innovative divisions: (1) Natera(R) brand of retail hemp superfood products currently distributed throughout North America and Asia; (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 e-mail info@naturallysplendid.com or call 604-559-8051

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) 559-8051

Fax: (604) 570-0934

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, but not limited to, Naturally Splendid's ability to complete the private placement financing. 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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