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Pond Technologies Holdings Inc(POND-X)
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Pond Technologies Announces Closing of Non-Brokered Private Placement Including Insider Participation

Newswire.ca - Wed Nov 16, 2022

MARKHAM, ON, Nov. 16, 2022 /CNW/ - Further to its press release dated November 1 2022, Pond Technologies Holdings Inc. ("Pond") (TSXV: POND) (OTCQB: PNDHF) (FSE: 400), an ESG company addressing global sustainability challenges of wellness and climate change, announces the closing yesterday of its non-brokered private placement ("Private Placement") in the amount of 3,750,000 common shares in the capital of Pond ("Common Shares") at a purchase price of $0.12 per Common Share for aggregate gross proceeds of $450,000.00. The Common Shares issued pursuant to the Private Placement are subject to a statutory hold period expiring March 16, 2023.

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