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Jericho Energy Ventures (TSXV:JEV) Announces Letter of Intent with Comstock Holding Companies (Nasdaq:CHCI) to Advance AI Data Center Campus Development Leveraging Its Energy Infrastructure; Comstock to Invest USD$1.5 Million in Private Placement
Accessnewswire· 2026-02-12 12:30
Core Viewpoint - Jericho Energy Ventures Inc. has entered into a letter of intent with Comstock Holding Companies to establish a strategic partnership focused on land acquisition and development around Jericho's energy assets in Oklahoma [1] Company Overview - Jericho Energy Ventures Inc. is an energy innovation company that integrates energy and AI infrastructure [1] - Comstock Holding Companies, Inc. is a diversified real estate organization with over 40 years of experience in various types of real estate investments and operations [1] Strategic Partnership - The partnership aims to create a Joint Venture (JV) for the acquisition and development of land [1] - The collaboration will leverage Comstock's expertise in real estate to enhance Jericho's existing energy assets [1]