Woodbois Limited (GB:WBI) has released an update.
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Woodbois Limited has announced a successful £1 million subscription from shareholders, aimed at bolstering the company’s balance sheet and funding the expansion of its export operations, including its carbon credits trading business. The new capital is expected to improve operational efficiencies and stakeholder confidence by reducing the reliance on debt and allowing for greater market flexibility. New ordinary shares will be issued as part of the subscription, and are expected to be admitted to trading on the AIM market of the London Stock Exchange.
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