JERICHO ENERGY VENTURS - JROOF STOCK NEWS

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.

Jericho Oil Corporation (JROOF) is backing the Hydrogen Council's report highlighting hydrogen's critical role in decarbonization. Key findings include over 200 announced hydrogen projects totaling $300 billion, reflecting rapid investment growth. The report emphasizes the potential for lower clean hydrogen costs with proper regulation and identifies hydrogen applications like boilers as cost-competitive low-carbon solutions. CEO Brian Williamson noted the industry's shift towards hydrogen as a zero-carbon fuel, supported by Jericho's acquisition of a patented hydrogen boiler technology.

Jericho Oil Corporation (JROOF) has received final approval from the TSX Venture Exchange to acquire all assets of California-based Hydrogen Technologies Inc. (HTI), following shareholder consent. This acquisition includes HTI's patented clean H2 steam Dynamic Combustion Chamber (DCC) boiler, aimed at providing zero-emissions heating solutions for the $30 billion global commercial heating industry. The deal retains HTI's experienced management team, expected to drive the DCC boiler's commercial success and enhance Jericho's low-carbon energy portfolio.