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Canlan Ice Sports Corp.

11:55 AM EST - Canlan Ice Sports Corp. : announced its financial results for the 12-month period ended December 31, 2011. Canlan reported consolidated revenue of $72.0 million, up 2.9% from $69.9 million for the corresponding period of 2010. Net earnings for the fiscal year were $2.8 million or $0.21 per share fully diluted. In FY2010, Canlan generated a net gain of $0.7 million, or $0.05 per share. Canlan Ice Sports Corp.

shares T.ICE are trading unchanged at $1.77.