Orchids Paper Products Company announced that it has reached an agreement to amend its credit agreement dated June 25, 2015 with its new lender, Black Diamond Commercial Finance, L.L.C., as successor to U.S. Bank National Association, and Orchids Investment L.L.C., as successor to the lenders party to the credit agreement. While the Company is continuing to pursue a transaction to address its liquidity needs, there can be no assurance that the Company will be able to consummate any sale, transaction, or refinancing on terms that are satisfactory to it, or at all.