03:47 PM EST - Valener Inc : announced that it has completed a subscription of units of Gaz Métro Limited Partnership for approximately $75 million by subscribing under a private placement of Gaz Métro for 5,027,370 units of Gaz Métro at a price of $15.00 per unit. The subscription was made by Valener, pro rata based on its share of units outstanding, as part of an equity offering of approximately $260 million by Gaz Métro by way of a private placement under which Gaz Métro inc. also subscribed for its pro rata share of units. Valener Inc
shares T.VNR are trading up $0.07 at $15.14.