Jericho Energy Ventures Inc. has announced a strategic collaboration with Aurea Holdings to develop green energy solutions tailored for Europe's energy-intensive industries. Aurea, an entrepreneurial family office, will also become a strategic investor in Jericho and the upcoming Hydrogen Platform, pending approval. As part of this collaboration, Jericho plans a non-brokered private placement to raise up to $2 million, with Aurea committing to fund the initial lead order of $500,000. The Financing is subject to regulatory approval and will involve the issuance of common shares and warrants. The net proceeds from the financing will be utilized for general working capital purposes. Jericho is actively involved in the energy transition, with investments in hydrogen technology through its subsidiary, Hydrogen Technologies, as well as strategic positions in companies like H2U Technologies and Supercritical Solutions. This strategic investment by Aurea not only provides financial support but also brings expertise and resources in renewable energy to further enhance sustainability efforts. The collaboration aims to drive significant emissions reductions and promote sustainability across various operations. Both companies are focused on transforming the energy and infrastructure landscape by promoting low-carbon energy initiatives. The positive sentiment in the article is evident through the emphasis on sustainability, green energy solutions, and the commitment to advancing the energy transition.