Mr. Paul Antoniadis reports

GOOD NATURED PRODUCTS INC. ANNOUNCES $3 MILLION BROKERED PRIVATE PLACEMENT

Good Natured Products Inc. has entered into an agreement with Beacon Securities Ltd. and Integral Wealth Securities Ltd. as joint bookrunners on behalf of a syndicate of agents in connection with a best efforts private placement of a minimum of 21.43 million units of the company at a price of 14 cents per unit for aggregate gross proceeds of $3-million, subject to a maximum as set out in Part 5A of National Instrument 45-106, Prospectus Exemptions.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share at an exercise price per warrant share of 19 cents for a period of 30 months from the closing of the offering.

In consideration for the services to be provided by the agents in connection with the offering, the company has also agreed to pay the agents a cash commission equal to 7.0 per cent of the aggregate gross proceeds of the offering and issue that number of compensation options to the agents equal to 7.0 per cent of the aggregate number of units issued pursuant to the offering. Each compensation option shall entitle the holder thereof to acquire one common share of the company at the issue price for a period of 30 months from the closing of the offering. The agents will receive a reduced cash commission of 3.0 per cent and that number of compensation options equal to 3.0 per cent of the number of units sold to insiders of the company, subject to a maximum of $1.5-million on insider sales.

The net proceeds of the offering are expected to be used by the company to finance working capital to support organic growth initiatives and strategic acquisitions. The offering is subject to a number of conditions, including without limitation, approval of the TSX Venture Exchange.

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the units will be offered for sale to purchasers resident in Canada and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption. Securities issued pursuant to the offering will not be subject to a hold period pursuant to applicable Canadian securities laws. There is an offering document related to the offering that can be accessed under the company's issuer profile on SEDAR and on the company's website. Prospective investors should read the offering document before making an investment decision.

About Good Natured Products Inc.

Good Natured is passionately pursuing its goal of becoming North America's leading earth-friendly product company by offering the broadest assortment of plant-based products made from rapidly renewable resources instead of fossil fuels. The company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel and no chemicals of concern.

Good Natured offers over 400 products and services through wholesale, direct-to-business and retail channels. From plant-based home organization products to certified compostable food containers, bio-based industrial supplies and medical packaging, the company is focused on making plant-based products more readily accessible to people as a means to create meaningful environmental and social impact.

We seek Safe Harbor.