Microsaic funding talks; Jarvis says no payout.

The following overview provides updates from companies listed on the London Stock Exchange that have not been published separately.

Microsaic Systems PLC

Microsaic Systems is a mass spectrometry equipment company based in County Surry. They are now continuing negotiations which could lead to additional funds being raised, subject to the shares trading on AIM being restored. The company had previously announced a program to reduce costs by cancelling the write-down of shares on AIM. However, according to the status update, 'the company is considering the proposals and will provide further information on the proposed shareholder resolutions and an updated timetable of key events. These' 'includes the amended timing of the publication and dispatch of the AGM newsletter to shareholders. The Directors believe that undertaking a small fundraising to maintain the AIM listing would be the best option for the company in the medium term." The company also notes that it is likely that, if additional funds are raised, the company will still need to submit an alternative resolution to approve the delisting if the resolutions required to conduct the financing are not passed.

Jarvis Securities PLC

Jarvis Securities is engaged in the provision of brokerage and administrative services. The company confirms that it will not pay a dividend in the fourth quarter, in line with current market expectations.'' 'It also reports on the progress of a study by a 'qualified person' from its Jarvis Investment Management division. A further review, known as phase 1c, is required. 'Phase 1c will be a review of JIML's approach to uninvested client funds, interest rate retention and term deposits,' adds Jarvis. The results of phase 1c are due to be submitted to the UK's Financial Conduct Authority (FCA) by the end of February. The company adds that the costs associated with the process will exceed 1.3 million pounds in 2023.

Neometals Ltd

Neometals is a manufacturer of environmentally friendly battery materials. The company reports the result of pegmatite samples obtained from diamond drill surveys' 'machine at the Spargos project. "A review of pegmatite samples from historical nickel surveys confirms the potential for the presence of multi-stage pegmatite intrusions. Re-sampling is underway and test results are expected in Q4 2023," the company said in a statement.

Ariana Resources PLC

Ariana Resources is engaged in the exploration and development of minerals, especially gold, in Turkey, Cyprus and Kosovo. The company reports an investment in Asgard Metals Fund.

Beacon Energy PLC

Beacon Energy is an oil and gas company with assets targeting Germany. The company reports an increased reserve estimate at the Erfelden field based on recent drilling results. They report that the field holds 7.24 million barrels of oil (most likely), with a maximum estimate of 10.2 million barrels and a minimum estimate of 4.72 million barrels. Previous' 'estimate was only talking about 3.8 million barrels.

RTW Biotech Opportunities Ltd

RTW Biotech Opportunities is engaged in investing in the biotechnology sector. The company notes that CARGO Therapeutics Inc priced its initial public offering on the Nasdaq Global Select Market at $15.00, raising $281.3 million.

Triple Point Social Housing REIT PLC

Triple Point Social Housing REIT is a real estate investment company based in London. The company notes a quarter-on-quarter decline in net asset value per share to 108.88 pence as of Sept. 30 from 111.31 pence in June. They also note that they have consulted with "several of the company's shareholders" over concerns about the underperformance of the stock. "The board and managers recognize the concerns of shareholders