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flag Jericho Energy raises $1.5M to expand AI data center and energy projects in Oklahoma with Comstock’s backing.

flag Jericho Energy Ventures has closed a $1.5 million non-brokered private placement, issuing 25.7 million units at CAD$0.08 each, with proceeds to support its AI data center campus and energy infrastructure in Oklahoma. flag Comstock Holding Companies led the investment and is expected to join Jericho’s board, with plans for a joint venture to develop land near existing energy assets, integrating subsurface infrastructure with surface development for AI data centers. flag Comstock is set to contribute $6 million to the joint venture, though closing is subject to conditions. flag The securities are not registered in the U.S. and are subject to a four-month hold period.

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