Vancouver, British Columbia – TheNewswire – Apri1 20, 2020 – Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or the “Company”) (FRANKFURT:50N) (TSXV:NSP)(OTC:NSPDF) announces a non-brokered private placement financing of up to 42,857,143 Units (each a “Unit”) at a price of $0.035 per Unit for gross proceeds of up to $1,500,000 (the “Offering”). Each Unit in the non-brokered private placement consists of one common share of Naturally Splendid and one common share purchase warrant (each a “Warrant”), with each Warrant entitling the holder to purchase one additional common share for a period of two years from the date of the issue at an exercise price of $0.055 per share. Naturally Splendid has 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 $0.10 for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 10 days after Naturally Splendid issues a news release announcing that it has elected to exercise this acceleration right.