Woodbois Limited (GB:WBI) has released an update.
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Woodbois Limited has successfully raised £1 million through a subscription for new shares, with plans to boost operational efficiency, expand production in Gabon, and reduce debt, ensuring robust financial health and strategic growth. The company is also pursuing governance enhancements by appointing a third Non-Executive Director. These strategic moves aim to strengthen Woodbois’ market position and capitalize on industry opportunities.
For further insights into GB:WBI stock, check out TipRanks’ Stock Analysis page.