News

December 21, 2010
Valener Inc. (''Valener'') (TSX: VNR) is pleased to announce today that it acquired a 24.5% indirect interest in the Seigneurie de Beaupré wind power projects located on the private property of the Séminaire de Québec (the ''Seigneurie Project'') following the exercice of the option granted to it by Gaz Métro Limited Partnership (''Gaz Métro'') in the context of its strategic corporate reorganization completed on September 30, 2010.
November 19, 2010
Valener Inc. (“Valener”) (TSX: VNR) is pleased to report its results for the period from June 15, 2010, the date it was incorporated, to September 30, 2010 and the results for Gaz Métro Limited Partnership (“Gaz Métro”) for the fiscal year ended September 30, 2010.
November 19, 2010
Valener Inc. (“Valener”) (TSX: VNR) announces that its Board of Directors has declared a quarterly dividend of $0.25 per common share for the quarter ending December 31, 2010, payable January 17, 2011 to shareholders of record at the close of business on December 30, 2010. The dividend is an eligible dividend for Canadian tax purposes.
November 3, 2010
Valener Inc. (“Valener”) (TSX: VNR), created in the context of the reorganization of Gaz Métro Limited Partnership’s (“Gaz Métro”) public ownership structure, will hold a telephone conference with financial analysts on Friday, November 19, 2010, at 11:00 a.m. (Eastern time) to discuss its results for the period from June 15 to September 30, 2010 and the results for Gaz Métro’s 2010 fiscal year covering the period from October 1, 2009 to September 30, 2010.
November 2, 2010
Valener Inc. (“Valener”) has announced today that it has successfully completed its previously announced bought deal public offering of 2,344,302 common shares (the “Common Shares”), at a price of $17.30 per Common Share for gross proceeds of approximately $41 million.
October 27, 2010
Valener Inc. (“Valener”) has announced today that it has filed a final short form prospectus in respect of its previously announced bought deal offering. Valener has entered into an agreement with a syndicate of underwriters led by BMO Nesbitt Burns Inc. and Scotia Capital Inc. (the “Underwriters”), under which the Underwriters have agreed to buy on a bought deal basis by way of a short form prospectus, 2,344,302 common shares (the “Common Shares”), at a price of $17.30 per Common Share for gross proceeds of approximately $41 million.
October 18, 2010
Valener Inc. (“Valener”) has announced today that it has filed a preliminary short form prospectus in respect of its previously announced bought deal offering.
October 12, 2010
Valener Inc. (“Valener”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Scotia Capital Inc. (the “Underwriters”), under which the Underwriters have agreed to buy on a bought deal basis by way of a short form prospectus, 2,344,302 common shares (the “Common Shares”), at a price of $17.30 per Common Share for gross proceeds of approximately $41 million.
October 7, 2010
Valener is pleased to announce that it has completed its previously announced $29 million subscription of units of Gaz Métro Limited Partnership (“Gaz Métro”) by subscribing under a private placement of Gaz Métro for 1,707,010 units of Gaz Métro at a price of $16.99 per unit.
October 1, 2010
Gaz Métro Limited Partnership (“Gaz Métro”) and Valener Inc. (“Valener”) (TSX: VNR) are pleased to announce that the plan of arrangement providing for the reorganization of Gaz Métro’s public ownership structure into a new dividend-paying publicly listed corporation named “Valener Inc.” (the “Reorganization”) has been completed, effective September 30, 2010 at 11:59 p.m. (the “Effective Time“).