Cambium Global Timberland Appoints Chairman; Chime Communications Agrees Offer

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CAMBIUM GLOBAL TIMBERLAND LTD. (TREE.LN), a forestry investment group, said it has appointed Antony Royston Gardner-Hillman chairman of the board with immediate effect, replacing Donald Adamson who has retired.

At 1610 GMT, shares down 2.3 pence, or 13%, at 14.8 pence.

CHIME COMMUNICATIONS PLC (CHW.LN), the communications group, said it has agreed a 374 million pound ($581.67 million) offer from a consortium that includes Martin Sorrell's WPP PLC (WPP.LN).

Shares +15.8 pence, or 4.6%, at 361 pence.

BMR MINING PLC (BMR.LN) reports significant progress on its testing results, which it says could significantly enhance the inherent value of the company's commercial interests going forward.

Shares +0.3 pence, or 6.9%, at 3.9 pence.

INDEPENDENT OIL & GAS PLC (IOG.LN) reported a delay in completion of a 7.1 million pounds share subscription pact with a international listed group.

Shares -2.3 pence, or 13%, at 14.5 pence.

THOR MINING PLC (THR.LN), an Australian tungsten and gold explorer and developer, said the Molyhil project is scheduled to start production during 2016, subject to securing finance.

Shares +13% at 0.1 pence.

WILDHORSE ENERGY LTD. (WHE.AU), a mineral exploration company, said that it now believes that the Lake Wells project located in western Australia has the potential to generate substantial volumes of highly enriched brine to supply a solar evaporation facility and processing plant to produce sulphate of potash, sulphate of potash magnesia and other by-products.

Shares +0.5 pence, or 7.4%, at 7.3 pence.

OXFORD PHARMASCIENCE GROUP PLC (OXP.LN), a drug company, reports encouraging results from a pilot clinical study of OXPzero Naproxen to determine the extent of upper gastrointestinal tract irritation.

Shares -1.5 pence, or 17%, at 7.5 pence.

FTSE Small-Cap +0.2%

AIM +0.1%

Write to Ian Walker, Tapan Panchal and Razak Musah Baba at [e-mail]