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Orchid Ventures, Inc.: Orchid Ventures Consolidated its Shares and Closes Over-Subscribed Private Placement of Units
Company or
Orchid ) (CSE:ORCD OTC:ORVRF) is pleased to announce, further to its news release of March 3, 2021 and effective March 31, 2021, the Company consolidated its common shares in the capital of the Company (the
Shares ) on the basis of a one (1) post-consolidation Share for each four (4) pre-consolidation Shares (the
Consolidation ) effective March 31, 2021.
The Company is also pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company (the
Units ) by the issuance of 16,838,000 Units at $0.25 per Unit for gross proceeds of $4,209,500.00 (the ....

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