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IN BRIEF: Woodbois converts $50,000 in bonds into shares

ALN

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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