Jericho Energy Ventures Inc. (TSE:JEV) has released an update.
Jericho Energy Ventures has successfully completed a non-brokered private placement, raising C$2.23 million from the sale of over 11 million units at $0.20 each. This funding round was notably supported by internal stakeholders, underscoring confidence in the company’s direction. The proceeds from this financing will bolster the company’s general corporate funds as it continues to innovate in both traditional energy markets and low-carbon energy solutions, including its breakthrough zero-emission boiler technology.
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