Brief: Woodbois Says Working Capital Position Has Not Changed Significantly By End Of Jan

Woodbois

08/02/2024 07:20

Feb 8 (Reuters) - Woodbois Ltd:
    * WOODBOIS LTD - ADDITIONAL $5M TRADE FINANCE TERM SHEET
SIGNED
    * WOODBOIS LTD - UNAUDITED NET WORKING CAPITAL AT 31
DECEMBER 2023
WAS ESTIMATED AT $4.7M INCLUDING CASH OF $0.5M AND EXCLUDING
BORROWINGS OF $2.7M
    * WOODBOIS LTD - BOARD IS CONFIDENT THAT 2024 WILL MARK A
POSITIVE
AND DECISIVE TURNING POINT FOR WOODBOIS
    * WOODBOIS LTD - WORKING CAPITAL POSITION HAS NOT CHANGED
SIGNIFICANTLY BY END OF JANUARY 2024

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