Blue Ant sees Thunderbird shareholders OK acquisition

Executive Summary

• Thunderbird Entertainment shareholders approved Blue Ant Media’s proposed acquisition with 78.84% voting in favor, surpassing the required two‑thirds majority.
• The arrangement now proceeds to a final court order filing on Jan. 26, 2026, with closing expected in the coming weeks pending regulatory and exchange approvals.
• Blue Ant CEO Michael MacMillan highlighted anticipated cost synergies, scale benefits, and enhanced earnings and cash‑flow profile from the combined businesses.

Key Details

• Shareholder Vote: 78.84% of votes cast approved the special resolution to effect the acquisition (threshold required: 66⅔%).
• Meeting Date: Special shareholders’ meeting held on Jan. 22, 2026.
• Transaction Structure: Arrangement under the Business Corporations Act (British Columbia) whereby Blue Ant will acquire all issued and outstanding Thunderbird shares.
• Next Steps: Thunderbird to apply for a final court order from the Supreme Court of British Columbia on Jan. 26, 2026.
• Closing Timeline: Expected completion “in the coming weeks” once stock‑exchange, regulatory approvals, and court order are obtained.
• Strategic Rationale (CEO Quote): Combination will add scale, generate meaningful cost synergies, strengthen earnings and cash‑flow profile, and enhance capital‑market presence.

Notable Quotes

“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 Corp.