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Jericho Energy Ventures Inc - JROOF STOCK NEWS

Welcome to our dedicated page for Jericho Energy Ventures news (Ticker: JROOF), a resource for investors and traders seeking the latest updates and insights on Jericho Energy Ventures stock.

Jericho Energy Ventures (JROOF) is a diversified energy company focused on the current energy transition, owning, operating, and developing hydrocarbon assets while advancing low-carbon energy projects, notably in hydrogen technologies. The company's breakthrough, patented zero-emission boiler technology from its subsidiary, Hydrogen Technologies, aims to deliver eco-friendly solutions to the Commercial & Industrial sector. Jericho also holds strategic investments in key players in the hydrogen industry.

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Hydrogen Technologies (HT), a subsidiary of Jericho Energy Ventures, has successfully tested its patented next-generation Dynamic Combustion Chamber (DCC™) boiler burner. The tests, conducted at Selas Heat Technology's Ohio facility, aim to extend the use of this zero-emission technology beyond steam and hot water production to direct fired industrial applications, such as steel, glass, and chemical production. The DCC™ burner system is designed to lower manufacturing costs, improve maintenance efficiencies, and enhance output flexibility. Jericho Energy Ventures CEO Brian Williamson highlighted the potential for decarbonizing high-temperature industrial processes. HT plans to showcase the DCC™ system in Demo Days later this year. The DCC™ boilers, which eliminate greenhouse gas emissions through a hydrogen-fueled process, have received the Solar Impulse Efficient Solution label.

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Hydrogen Technologies (HT) will exhibit and present at the International District Energy Association (IDEA) 2024 Annual Conference in Orlando, Florida, June 17-20. HT will feature its patented DCC™ hydrogen-fueled, zero-emission boiler, aimed at de-carbonizing and fortifying energy systems. The company will be at Booth #45 and Principal Engineer Aaron Nackos will speak on June 19 about economic use cases for hydrogen boilers. The DCC™ boiler, which has received the 'Solar Impulse Efficient Solution' label, offers a highly efficient, GHG-free alternative to conventional boilers.

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Jericho Energy Ventures announced that its portfolio company, Supercritical Solutions, has partnered with HAMR Energy on a groundbreaking project to reduce renewable methanol costs by up to 20%. Funded by the Australia-UK Renewable Hydrogen Innovation Partnership, the consortium will embark on a AUD 1.5 million project. The first phase includes a feasibility study and empirical testing of Supercritical's high-pressure hydrogen electrolyzers. The project aims to commercialize renewable methanol production by 2030, presenting a multibillion-dollar opportunity globally. Supercritical's technology boasts a system efficiency of 42 kWh/kgH2 and delivers hydrogen at over 200 bar, promising significant reductions in capital and operational expenditures for methanol production facilities.

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Jericho Energy Ventures plans to explore a spin-off and separate listing of its Hydrogen platform to enhance shareholder value. The company aims to create two independent, focused entities to excel in their respective markets, optimizing returns and investor appeal. While the process is ongoing, there are no guarantees on the terms or timing of the transaction.
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Jericho Energy Ventures Inc. announces amendments to outstanding convertible debentures and share purchase warrants, along with a shares for debt transaction.
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Jericho Energy Ventures Inc. announces the closing of a non-brokered private placement, raising C$2,228,380 through the issuance of 11,141,900 units at $0.20 per unit. The financing was led by insiders and existing shareholders of the company, with certain insiders purchasing 3,364,500 units. The proceeds will be used for general corporate purposes.
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Hydrogen Technologies (HT) will be presenting and exhibiting at Campus Energy 2024, showcasing their innovative DCC™ hydrogen-fueled, zero-emission boiler. The presentations by HT's President and Chief Commercial Officer, along with their exhibition with Superior Boiler, highlight their commitment to sustainable energy solutions.
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Jericho Energy Ventures Inc. announces a non-brokered private placement to raise up to $2,000,000 led by insiders and existing shareholders, offering 10,000,000 units at CAD$0.20 per unit. Each unit includes one common share and one warrant to purchase a share at $0.24 within two years. The financing is subject to TSX Venture Exchange approval and will have a four-month hold period. Insiders' participation constitutes a related party transaction, with proceeds intended for general working capital.
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Jericho Energy Ventures Inc. (TSXV:JEV)(OTC:JROOF)(FRA:JLM) announces R&D agreement between its portfolio company, H2U Technologies, and De Nora to identify low-cost, high-performance electrocatalysts for hydrogen production through water electrolysis.
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Jericho Energy Ventures Inc. (JEV) has announced that its portfolio company, Supercritical Solutions Ltd., has achieved a significant milestone in the sustainable energy industry with the completion of its innovative green hydrogen demonstrator at their Teesside facility in North East England. The company's novel approach to water electrolysis has set a new global benchmark in efficiency, and is expected to be pivotal in reducing green hydrogen costs, fast-tracking its accessibility. The facility is a global novelty in high-pressure green hydrogen production at 220bara, and serves as a crucial testing ground for optimizing Supercritical's innovative electrolyser technology. With continued support, Supercritical anticipates delivering green hydrogen below £1/kg before 2030, marking a transformative era in the energy landscape.
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FAQ

What is the current stock price of Jericho Energy Ventures (JROOF)?

The current stock price of Jericho Energy Ventures (JROOF) is $0.0937 as of February 20, 2025.

What is the market cap of Jericho Energy Ventures (JROOF)?

The market cap of Jericho Energy Ventures (JROOF) is approximately 34.8M.

What is Jericho Energy Ventures known for?

Jericho Energy Ventures is recognized for its focus on energy transitions, owning hydrocarbon assets, and investing in hydrogen technologies.

What makes Jericho Energy Ventures stand out?

Jericho Energy Ventures stands out for its patented zero-emission boiler technology that aims to revolutionize the Commercial & Industrial sector.

What is the subsidiary of Jericho Energy Ventures?

Hydrogen Technologies is the subsidiary of Jericho Energy Ventures, known for its breakthrough eco-friendly boiler technology.

What sector does Jericho Energy Ventures focus on?

Jericho Energy Ventures focuses on the energy sector, particularly in hydrogen technologies and low-carbon energy solutions.

What sets Jericho Energy Ventures apart from other energy companies?

Jericho Energy Ventures stands out due to its strategic investments, innovative approach to hydrogen technologies, and commitment to sustainable energy solutions.
Jericho Energy Ventures Inc

OTC:JROOF

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JROOF Stock Data

34.85M
208.02M
28.07%
0%
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