Woodbois Limited (GB:WBI) has released an update.
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Woodbois Limited has successfully raised £484,400 through the issuance of new shares, despite facing varied investor reactions to the recent suspension of its shares on AIM. The company is also in advanced discussions to appoint a new Nominated Adviser and Independent Non-Executive Directors to strengthen its governance. These steps are part of Woodbois’ efforts to stabilize and enhance its operational framework.
For further insights into GB:WBI stock, check out TipRanks’ Stock Analysis page.