Thunderbird Shareholders Approve Acquisition by Blue Ant Media

Executive Summary

• Thunderbird Entertainment shareholders voted overwhelmingly (78.84%) to approve the plan of arrangement that will transfer all outstanding Thunderbird shares to Blue Ant Media.
• The transaction moves forward toward a final court order in British Columbia, with closing expected in the coming weeks pending regulatory and exchange approvals.
• Blue Ant’s CEO highlighted anticipated cost synergies, scale benefits, and an enhanced earnings and cash‑flow profile for the combined company.

Key Details

• Shareholder Vote: 78.84% of votes cast approved the Arrangement Resolution (required threshold: two‑thirds).
• Transaction Structure: Proposed acquisition of 100 % of Thunderbird’s issued and outstanding common shares under a plan of arrangement pursuant to the BC Business Corporations Act.
• Closing Timeline: Thunderbird will seek final court approval on Jan 26, 2026; completion expected “in the coming weeks” subject to stock‑exchange, regulatory and other customary conditions.
• Strategic Rationale (CEO Quote): “Combining our businesses will add scale, create meaningful cost synergies, strengthen our earnings and cash‑flow profile, and enhance our presence in the capital markets.” – Michael MacMillan, CEO, Blue Ant Media.
• Regulatory Requirements: Subject to approval by applicable stock exchanges and regulatory bodies; no further material terms disclosed.

Notable Quotes

“We are very pleased with the results from Thunderbird's shareholder meeting… we are extremely excited about the path ahead and expect to close the acquisition in the coming weeks.” – Michael MacMillan, CEO, Blue Ant Media.