VANCOUVER, BC / ACCESSWIRE / June 18, 2021 / Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or the “Firm”) (FRANKFURT:50N) (TSX-V:NSP) (OTC PINK:NSPDF) is happy to announce the acquisition of a cutting-edge, automated packaging system able to packaging all kinds of meals merchandise in a number of codecs.
The packaging line has been ordered and will likely be put in within the Firm’s 20,000 sq. foot, Secure High quality Meals (SQF) licensed meals manufacturing facility in Pitt Meadows, BC. The system is predicted to be absolutely operational inside 6-8 weeks.
This packaging system was chosen for the array of merchandise and packaging varieties it’s designed to course of and will likely be an integral part to packaging NATERA Plant Primarily based Meals. The road may even be utilized for packaging current merchandise manufactured on the facility together with our traces of plant-based bars and bites.
The Firm lately introduced signing a Letter of Intent (LOI) to be the unique Canadian producer of plant-based, meat-replacement merchandise for Flexitarian Meals, a division of Australia’s largest plant-based meals producer. This enhanced packaging functionality supplies the power to take an already in depth line of merchandise, and thru extra packaging choices, enhance the vary of completed items for retail and foodservice distribution alternatives.
Firm CEO, Mr. J. Craig Goodwin stories, “Including this packaging line instantly will increase the vary of services we will supply retail and foodservice shoppers. The technique to leverage the assets of our current facility and skilled manufacturing staff by including extra gear particular to the manufacturing of NATERA Plant Primarily based Meals, is being executed. The manufacturing traces to provide the plant-based product traces have been specified, and we are going to start the systematic strategy of ordering, putting in, and commissioning these traces as soon as the definitive settlement with Flexitarian Meals is accomplished. This facility will likely be able to manufacturing a variety of plant-based alternate options for beef, rooster, pork, fish and shellfish as soon as accomplished. We stay up for offering well timed updates as these initiatives develop”.
Shares For Debt Transaction
The Firm introduced right now that its board of administrators has accredited the settlement of $255,225.11 in debt via the issuance of frequent shares of the Firm (the “Debt Settlement”). Pursuant to the Debt Settlement, the Firm will challenge a complete of three,646,071 frequent shares of the Firm at a worth of $0.07 per share to sure collectors of the Firm, together with sure administrators and officers of the Firm (collectively, the “Collectors”). All 3,646,071 frequent shares will likely be topic to a maintain interval expiring 4 months and sooner or later from the date of issuance.
About Naturally Splendid Enterprises Ltd.
Based in 2010, NSE operates a Secure High quality Meals Degree 2 licensed meals manufacturing facility simply outdoors Vancouver, BC in Canada. The Firm has established quite a few wholesome, practical meals underneath acknowledged manufacturers corresponding to Natera Sport™, Natera Hemp Meals, CHII, Elevate Me™ and Woods Wild Bar™, and most lately Natera Plant Primarily based Meals, a line of scrumptious plant-based meat alternate options for the quickly rising plant-based market phase.
The Firm has a myriad of latest merchandise and line extensions underneath improvement which might be approaching launch. NSE, via its three way partnership Plasm Pharmaceutical, has been accredited for conducting a section 2 medical trial accredited by Well being Canada for therapy of COVID-19.
NSE has additionally developed proprietary applied sciences for the extraction of high-demand, wholesome omega 3 and 6 oils from hemp.
NSE contract producers for wholesome, practical meals merchandise and substances specializing in plant-based substances. The Firm supplies contract manufacturing companies for a lot of wholesome meals corporations, personal labeling all kinds of dietary meals merchandise destined for international wholesome meals markets.
For extra info e-mail [email protected] or name Investor Relations at 604-465-0548 (ext.105)
On Behalf of the Board of Administrators
Mr. J. Craig Goodwin
CEO, President, Director
Naturally Splendid Enterprises Ltd.
(NSP – TSX Enterprise; NSPDF – OTCQB; 50N Frankfurt)
#108-19100 Airport Means
Pitt Meadows, BC, V3Y 0E2
Workplace: (604) 465-0548
Fax: (604) 465-1128
E-mail: [email protected]
Web site: www.naturallysplendid.com
Data set forth on this information launch incorporates forward-looking statements which might be based mostly on assumptions as of the date of this information launch. These statements replicate administration’s present estimates, beliefs, intentions and expectations. They don’t seem to be ensures of future efficiency. Naturally Splendid cautions that each one ahead trying statements are inherently unsure and that precise efficiency could also be affected by quite a lot of materials elements, a lot of that are past Naturally Splendid’s management together with, Naturally Splendid’s skill to compete with giant meals and beverage corporations; gross sales of any potential merchandise developed will likely be worthwhile; gross sales of shelled hemp seed will proceed at current charges or enhance; prospects will full on gross sales contracts; and the danger that any of the potential functions could not obtain all required regulatory or authorized approval. Accordingly, precise and future occasions, circumstances and outcomes could differ materially from the estimates, beliefs, intentions and expectations expressed or implied within the forward-looking info. Besides as required underneath relevant securities laws, Naturally Splendid undertakes no obligation to publicly replace or revise forward-looking info.
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: Naturally Splendid Enterprises Ltd.
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