10:26 AM EST - Valener Inc. : announced the results of its first full fiscal year ended September 30, 2011. Valener's net income stood at $30.3 million, or $0.82 per share. Valener's net income consists essentially of its approximate 29% share in the net income of Gaz Métro, i.e., a $47.6-million share, and a $14.5 million income tax expense. Valener Inc.
shares T.VNR are trading down $0.08 at $15.20.
