Jericho Energy Ventures Inc Stock Price, News & Analysis

Jericho Energy Ventures (JROOF) has successfully raised CAD$4,414,739 by early exercising 33,990,303 share purchase warrants, which were granted in June 2020. CEO Brian Williamson expressed gratitude for the support from major investors, emphasizing the company's strong capital position to advance its hydrogen growth strategy. Jericho is focusing on commercializing its patented, zero-emissions cleanH2steam Dynamic Combustion Chamber™ technology, addressing the increasing demand for decarbonization in steam-intensive industries amid evolving global emissions regulations.

Jericho Energy Ventures (OTC PINK:JROOF) announced it will present at the Planet MicroCap Showcase: VIRTUAL on April 22, 2021, at 11 AM EST. CEO Brian Williamson will lead the presentation and answer investor questions. Interested participants can access the live presentation through a provided webcast link. Those unable to attend can view recorded presentations on the event platform afterward. Jericho focuses on advancing the low-carbon energy transition, investing in hydrogen technologies and related energy systems.

Jericho Energy Ventures (JROOF) announced its cleanH2steam Dynamic Combustion Chamber™ (DCC™) boiler’s inclusion in the Project HyLaddie feasibility study for the Bruichladdich Distillery, aiming to cut fossil fuel emissions. Funded by the UK Government's £9 million Green Distilleries Competition, this initiative seeks to decarbonize the whiskey industry, which emitted approximately 530,000 tonnes of CO2e in 2018. Jericho's technology promises a zero-emission solution, leveraging hydrogen to transform steam generation in over 500 UK distilleries.

Jericho Energy Ventures (JEV) provides an update on its acquisition of Hydrogen Technologies Inc. (HTI) and highlights increasing demand for its zero-emission, hydrogen-based Dynamic Combustion Chamber™ (DCC™) boiler. Companies in steam-intensive industries, such as Food and Beverage, seek to decarbonize operations, aiming for Net-Zero goals. JEV's DCC™ can replace traditional boilers, reducing carbon emissions. The company has engaged marketing firms to enhance brand awareness and is focused on scaling its business amid a growing customer pipeline and global policy support for clean hydrogen technologies.

Jericho Energy Ventures (OTC: JROOF) announced a partnership with UnitBirwelco to enhance production capabilities of its cleanH2steam DCC™ boiler. The collaboration aims to support Jericho's growth and meet the rising demand in the $30 billion Commercial & Industrial heating sectors. UnitBirwelco, a recognized engineering firm, will provide engineering support and manufacturing services for the hydrogen-based boiler. This strategic alliance is expected to strengthen Jericho's position in the clean energy market.

Jericho Energy Ventures (TSXV: JEV; OTC: JROOF) announced that CEO Brian Williamson will attend the Q1 Virtual Investor Summit from March 23rd to 25th, 2021. His presentation is scheduled for March 23rd at 4:00 PM ET. The Investor Summit aims to connect smallcap and microcap companies with investors, featuring 100 companies and over 300 investors. Registration for investors is complimentary, available at www.investorsummitgroup.com.

Jericho Energy Ventures (TSXV: JEV; OTC: JROOF) announced that its subsidiary, Hydrogen Technologies Inc. (HTI), has signed an exclusive IP licensing agreement with Deuterium Heating Ltd. This collaboration aims to commercialize HTI's cleanH2steam DCC™ boiler, contributing to the decarbonization of the UK and Ireland's heating market, which is valued at $30 billion. The UK government targets Net Zero emissions by 2050, emphasizing hydrogen's role in reducing carbon emissions associated with industrial heating. Financial terms of the agreement remain undisclosed.

Jericho Energy Ventures (JROOF) has appointed Capella Partners as its Senior Technical Advisor to enhance its low-carbon technology investments. This collaboration led by Jourdan Urbach and Romi Kadri aims to leverage Capella's expertise in technical due diligence and commercialization. The company has also engaged Hybrid Financial Ltd. for marketing services at CAD$15,000 per month and Winning Media for digital media services at USD$150,000 for one month. Jericho focuses on advancing the low-carbon energy transition through investments in hydrogen technologies and energy systems.

Jericho Oil Corporation has officially changed its name to Jericho Energy Ventures, with trading set to begin under the new symbol JEV on the TSX Venture Exchange on March 5, 2021. This rebranding aligns with the company's focus on clean energy, following its acquisition of Hydrogen Technologies Inc. No action is needed from shareholders regarding share certificates. The company aims to lead in low-carbon energy through investments in hydrogen technologies, carbon capture, and energy systems.