INE out with news, hits 52-week high

Innergex Renewable Energy Inc. (T.INE) hit a new 52-week high of $8.89; Innergex Renewable Energy Inc. announced that it has closed the over-allotment option previously granted to a syndicate of underwriters to purchase an additional $10.5 million principal amount of 5.75% extendible convertible unsecured subordinated debentures.

Granted to the syndicate of underwriters in connection with Innergex's offering of $70 million principal amount of Debentures completed on March 8, 2010, the over-allotment option brings the aggregate gross proceeds of the offering to $80.5 million. The syndicate of underwriters, co-led by BMO Capital Markets and TD Securities Inc., includes CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., Desjardins Securities Inc. and Laurentian Bank Securities Inc.

Westport Innovations Inc. (T.WPT) hit a new 52-week high of $17.64; no news announcements today

Ivanhoe Energy Inc. (T.IE) hit a new 52-week high of $3.94; no news announcements today

TransCanada Corporation (T.TRP) hit a new 52-week high of $36.95; no news announcements today

Great-West Lifeco Inc. (T.GWO) hit a new 52-week high of $27.80; no news announcements today

Cash Store Financial Services Inc. (T.CSF) hit a new 52-week high of $14.10; no news announcements today

Canadian Imperial Bank of Commerce (T.CM) hit a new 52-week high of $75.00; no news announcements today

Royal Bank of Canada (T.RY) hit a new 52-week high of $59.14; no news announcements today

AGF Management Limited (T.AGF.B) hit a new 52-week high of $18.35; no news announcements today

Canadian Utilities Limited (T.CU) hit a new 52-week high of $48.53; no news announcements today

Related Stories