Pond Technologies has announced that they have successfully gone public on the TSX Venture Exchange to the tune of a $47 million valuation.

The IPO saw the Markham-based Pond Technologies complete a “three-cornered amalgamation” and RTO where they took control of the previously listed Ironhorse Oil & Gas Inc. They then completed $8.7 million in equity funding led by Industrial Alliance Securities Inc. and Hampton Securities Limited.