21/06/2012 Information to folllow - Update on completion of Colombian Interests
The disposal of the Colombian asset constitutes a fundamental change of business of the Company under Rule 15 of the AIM Rules and the Company will therefore become an Investing Company.
Woburn has no assets other than it share of the net proceeds of the disposal, which are expected to amount to approximately US$4.5 million after settlement by LQRC and Woburn of all outstanding liabilities owed.
The Board looks forward to updating shareholders in due course of developments within the Investing Policy.
Last revised July 2012