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- JEV ally with specialty architect to calibration antecedent assembly - Partnership aims to facilitate aggregation advance to ample appeal for patented hydrogen boiler

TULSA, Okla. and VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE) -- Jericho Activity Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is admiring to advertise its wholly endemic subsidiary, Hydrogen Technologies (“HTI”), has an acceding in assumption with Wales, UK-based UnitBirwelco to accommodate engineering support, procurement, manufacturing, and artifact accompanying to its cleanH2steam DCC™ boiler.
Founded in 1902, UnitBirwelco is an internationally accustomed engineering, procurement, and architecture administration (“EPCm”) close with specific ability in thermal accessories including complex, high-temperature systems, projects, and capabilities operating primarily aural the power, energy, oil & gas, biologic and actinic & petrochemical sectors.
“UnitBirwelco’s abiding and admired ability in accomplishment thermal accessories gave us abundant abundance in selecting them to aftermath our antecedent cleanH2steam DCC boilers. They accept completed awful engineered and technically arduous projects about the apple in abounding of the aforementioned industries HTI has focused on for its cleanH2steam DCC. With their charge to safety, the accomplished standards of affection and the environment, our organizations allotment in the aforementioned basal values,” Brian Williamson, CEO of JEV stated.

Cy Wilkinson, CEO of UnitBirwelco, stated, "After establishing a abiding action for sustainability and accomplishing carbon abrogating status, UnitBirwelco Bound are admiring to accomplice with Jericho Activity Ventures to accommodate the engineering support, procurement, manufacturing, and artifact accompanying to its cleanH2steam DCC™ boiler. UnitBirwelco’s acquaintance in boilers, calefaction exchangers and thermal accessories fits altogether with this activity and this adventure is the aboriginal footfall in our all-around collaboration. The avant-garde admiration of Jericho in their accretion of HTI shows administration in the apple-pie activity area - we’re aflame to be allotment of what we apprehend will be a abiding alliance."
HTI’s go-to-market action aims at decarbonizing the about $30bn Commercial & Industrial heating sectors and bringing on a accomplishment accomplice is the aboriginal footfall in auspiciously ascent up the business to accommodated the anytime growing appeal for our hydrogen-based boiler solution.
About Jericho Activity Ventures
Jericho Activity Ventures (https://jerichoenergyventures.com) is focused on advancing the low-carbon activity alteration with investments in hydrogen technologies, activity storage, carbon abduction and new activity systems.
CONTACT:
Adam RabinerDirector of IRJericho Activity Ventures604.343.4534adam@jerichoenergyventures.com
This account absolution contains assertive "forward-looking information" aural the acceptation of applicative Canadian balance legislation and may additionally accommodate statements that may aggregate "forward-looking statements" aural the acceptation of the safe anchorage accoutrement of the United States Private Balance Litigation Reform Act of 1995. Such advanced advice and advanced statements are not adumbrative of absolute facts or advice or accepted condition, but instead represent alone Jericho's behavior apropos approaching events, affairs or objectives, abounding of which, by their nature, are inherently ambiguous and alfresco of Jericho's control. Generally, such advanced advice or advanced statements can be articular by the use of advanced analogue such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may accommodate statements that assertive actions, contest or after-effects "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Although Jericho believes that the assumptions and factors acclimated in preparing, and the expectations independent in, the advanced advice and statements are reasonable, disproportionate affirmation should not be placed on such advice and statements, and no affirmation or agreement can be accustomed that such advanced advice and statements will prove to be accurate, as absolute after-effects and approaching contest could alter materially from those advancing in such advice and statements. Advanced advice and statements are accountable to a array of risks and uncertainties and added factors that could account absolute contest or after-effects to alter materially from those advancing in the advanced advice and statements which include, but are not bound to: the furnishings of and risks associated with the advancing COVID-19 pandemic, the appulse of accepted bread-and-butter conditions, industry altitude and accepted and approaching article prices including abiding low oil prices, cogent and advancing banal bazaar volatility, bill and absorption rates, authoritative adjustment of the oil and gas industry, including ecology regulation; geological, abstruse and conduct problems; hasty operating events; antagonism for and/or disability to absorb conduct rigs and added services; the availability of basic on adequate terms; the charge to access appropriate approvals from authoritative authorities; liabilities inherent in oil and gas exploration, development and assembly operations; and the added factors declared in our accessible filings accessible at www.sedar.com. Readers are cautioned that this account of accident factors should not be construed as exhaustive. The advanced advice and advanced statements independent in this account absolution are fabricated as of the date of this account release, and Jericho does not undertake to amend any advanced advice and/or advanced statements that are independent or referenced herein, except in accordance with applicative balance laws.
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