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IRW-News: Jericho Energy Ventures Inc.: Jericho Energy Ventures beats Unit Birvelko as manufacturing partner for hydrogen boilers

IRW-Press: Jericho Energy Ventures Inc.: Jericho Energy Ventures wins Unit Birvelko as Production Partner for Hydrogen Boilers

– JEV partners with a specialized manufacturer to measure initial production

– Joint to implement the company’s growth to meet the high demand for patented hydrogen boilers

Tulsa, Oklahoma and Vancouver, British Columbia, March 23, 2021 – Jericho Energy Ventures (DSX-V: JEV, Frankfurt: JLM0, OTC: JR .OF) (Jericho, JEV or Company) is pleased to announce its wholly owned subsidiary. , Hydrogen Technologies (HDI), United Kingdom, has signed an agreement with Wales-based Unit Birvelco for technical support, procurement, production and production of its pure H2 Steam DCDM hydrogen boiler.

Unit Birvelco was founded in 1902 and is an internationally recognized company with extensive planning, procurement and construction specialization in the field of heating systems, including complex high temperature systems, projects and capabilities – primarily in the energy, oil and gas sectors, pharmaceuticals, and chemicals and petrochemicals.

When choosing this company for the production of our first pure H2 Steam DCC hydrogen boilers, Unit Privelco’s years of recognized expertise in the production of heating systems gave us confidence. They have undertaken projects that are highly developed and technically needed around the world in the same industries that HDI focused on with its clean H2 Steam DCC hydrogen boiler. With their commitment to safety, the highest quality standards and their environment, our companies share the same core values, ”said Brian Williamson, CEO of Jericho Energy Ventures.

C. Wilkinson, CEO of Unit Birvelco, said: “After establishing a long-term sustainability strategy and reaching a carbon-negative level, Unit Birvelco has partnered with Jericho Energy Ventures to provide technical support, proof, production and production to the clean H2 Steam DCDM. . Boiler. Unit Birvelko’s experience with boilers, heat exchangers and heating systems fits this project perfectly, and this initiative is the first step in our global collaboration. Jericho’s innovative drive to get HDIs shows that they are leaders in pure energy. We look forward to being part of this long-standing federation.

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HDI’s marketing strategy aims to decarbonize the nearly $ 30 billion commercial and industrial heating industry. Entering a manufacturing partnership is the first step in successfully measuring business to meet the growing demand for our hydrogen based boiler solution.

About Jericho Energy Ventures

Jericho Energy Ventures (https://jerichoenergyventures.com) Focuses on shifting to lower carbon energy production with investments in hydrogen technologies, energy storage, carbon capture and new energy systems.

Contact person:

Adam Robin

Director, Investor Relations

Jericho Energy Ventures

+1 604.343.4534

[email protected]

This press release contains some perspective information within the meaning of applicable Canadian securities laws, and may contain statements that include perspective statements within the meaning of the secure port rules of the 1995 United States Private Securities Reform Act. Such perspective information and perspective statements are not representatives of historical facts or information or the current situation, but represent Jericho’s beliefs about future events, plans, or goals, many of which are inherently uncertain and beyond Jericho’s control. In general, such perspective information or perspective statements may be modified by using perspective terms such as projects, expectations or expectations, budget, purpose, estimates, planned, purpose, expectations or not, such as expectations or beliefs or variations of such terms and expressions, Events or results may contain statements that may, may continue, occur, or be achieved. Although Jericho believes that the assumptions and factors used in the preparation of forward-looking information and reports and the expectations contained therein are reasonable, no credibility or guarantee can be placed on such information and reports. Observing information and reports will prove to be correct, as actual information and future events may differ materially from what is expected in this information and report. Outlook information and reports are subject to a variety of risks and uncertainties and other factors that may differ materially from what is expected in actual events or outcomes forecasts and reports, including the continuing effects of COVID-19 epidemics, including general economic conditions, occupational conditions and current And the gas industry, including futures prices, persistently low oil prices, significant and persistent fluctuations in the stock market, currency and interest rates, government oil control – and environmental control; Geology, engineering and drilling problems; Unexpected operational events; Competition and / or inability to obtain drilling rig and other services; Availability of capital in acceptable terms; The need to obtain the necessary regulatory approvals; Responsibilities related to oil and gas exploration, development and production; And other factors included in our public lawsuits at www.sedar.com. Readers are warned that this list of risk factors should not be considered exhaustive. The perspective information and perspective statements in this newsletter speak the same as the date on this newsletter, and Jericho has no obligation to update the forward-looking information and / or forward-looking statements contained therein. This press release if this is not done in accordance with applicable bond laws.

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