Woodbois Ltd - London-headquartered African-focused timber producer - Converts $50,000 in convertible bonds due 2023 into 1.0 million shares, at an exchange rate of 4.0 pence per share.
The company now has $1.0 million in bonds outstanding, and 2.48 billion shares issued overall.
Current stock price: 5.93 pence
12-month change: up 8.8%
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