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Off-market insider buying at Pond Technologies Holding (V:POND)

Updated Friday Jan 18, 2019 02:24 AM EDT

Robert McLeese, a Director, acquired 46,200 Common Shares on a control or direction basis for registered holder Colmac Holdings Limited at a price of $0.650 through a private transaction on January 16th, 2019. The insider also acquired 153,800 Common Shares on a control or direction basis for registered holder Colmac Power Inc. at a price of $0.650 through a private transaction on January 16th, 2019. This represents a $130,000 investment into the company's shares and an account share holdings change of 38.9%.

Pond Technologies Holding is in the Environmental Services & Equipment Sub Industry Group under the Industrials Sector.

Pond Technologies Holdings Inc, formerly Ironhorse Oil & Gas Inc, is a Canada-based company that offers an algae growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. As a pollution abatement technology, Pond Technologies Holdings Inc's algae growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds and natural fertilizers. For the Nutraceutical Market, Pond Technologies Holdings Inc's algae-growing platform transforms food-grade CO2 into algae strains such as Chlorella, Spirulina and Astaxanthin, all of which are used as health food additives and supplements. The Company partners with Saint Mary's Cement and the National Research Council of Canada to show that algae can be used to eliminate the greenhouse gas emissions from industrial facilities, transforming these emissions into bioproducts including biofuels, fertilizers, and animal feeds.

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Go to Pond Technologies Holdings Inc. (POND)'s company page

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