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Proactive news summary: Acal, Collagen Solutions, Europa Oil & Gas, Motive Television and more.

Motive Television faces market suspension, Tekcapital sees board member resign and big news for Europa.
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The round up of the day's news

Motive Television (LON:MTV) warned it will be forced to suspend its AIM-listed shares on Monday unless it can find a replacement nomad.

Tekcapital (LON:TEK) non-executive Carl Nisser is stepping down from the board with immediate effect.

"We are thankful for Carl's participation and contribution to our business and wish him good fortune in all of his future endeavours," said: Clifford Gross, executive chairman.

Lender S&U’s (LON:SUS) motor finance business continues to grow, with customer numbers now up over 32% compared to the same time last year.

In the mining sector, North River Resources (LON:NRRP) said current drilling at its flagship Namib lead-zinc project had increased its confidence in the mineral resource at the Namibia property.

The group has drilled out 4,828 metres since the last estimate was published in 2014.

Additionally, small-cap oiler Europa Oil & Gas (LON:EOG) has been awarded acreage in Ireland’s Atlantic margins, securing one licence option.

Europa was the only small cap among several major international oil and gas companies to have been awarded new exploration acreage.

In other news, analytics software provider StatPro (LON:SOG) is to take a 51% stake in South Africa-based InfoVest Consulting, a software specialist for fund managers.

The deal is expected to be earnings enhancing in 2016.

Customised electronics supplier Acal (LON:ACL), announced the acquisition of Canada-based Plitron for £2mln. It is also set to hit its earnings forecast this year.

And finally, medical grade collagen manufacturer Collagen Solutions (LON:COS) today announced the death of its scientific adviser Professor Robert Brown, following a short illness.

Professor Brown of the University College London was a leading expert in the field of tissue engineering and collagen chemistry.


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