We are delighted to confirm that Paul Woods will extend his stay at Stair Park for the forthcoming season.
The experienced midfielder was a regular starter for Stranraer last term, making 40 appearances and scoring five goals.
Woods said: “It was always agreed.
“When the gaffer spoke to me at the end of the season, it was agreed.
“I was away on holiday but it was done as of today.”
The 35-year-old is in his second spell at the club having previously spent a season with Stranraer in 2017/18.
The Blues narrowly missed out on the play-offs in League One that campaign and again were close to the top four last season.
Woods said: “Obviously the way it ended last season, we were a bit unlucky.
“Looking back over the season, we had good spells and it is good to get a bit of continuity with the squad.
“I was not going to leave or change teams again and I am enjoying it.”