Thunderbird Entertainment Group Inc. Announces Filing and Mailing of Information Circular and Receipt of Interim Order in Connection With Plan of Arrangement With Blue Ant Media Corporation

Executive Summary

• Thunderbird Entertainment filed its Management Information Circular for a special shareholders’ meeting on January 12, 2026 to vote on an arrangement under which Blue Ant Media will acquire all outstanding Thunderbird shares.
• Shareholders may elect cash ($1.77 per share), Blue Ant subordinate voting shares (0.2165 per share), or a combination, with total cash consideration capped at $40 million.
• The board and a majority of insiders support the arrangement; an interim court order authorizing the meeting has been issued.

Key Details

• Meeting Information: Virtual‑only live audio webcast on January 12, 2026 at 9:00 a.m. Vancouver time (password “thunderbirdSGM2026”).
• Voting Eligibility: Shareholders of record as of close of business on December 12, 2025. Proxy deadline is 9:00 a.m. on January 8, 2026.
• Consideration Election Options:
• (i) 0.2165 Blue Ant subordinate voting shares per Thunderbird share,
• (ii) $1.77 cash per Thunderbird share, or
• (iii) Combination of the two, subject to rounding/proration and a maximum cash outlay of $40 million.
• Approval Threshold: Arrangement Resolution requires at least two‑thirds (66⅔ %) of votes cast.
• Support: Board unanimously recommends voting FOR; directors/executive officers holding ~37 % of shares have support agreements to vote in favour.
• Court Order: Supreme Court of British Columbia issued an interim order on December 10, 2025 authorizing the meeting and related matters.
• Closing Conditions: Final court order, regulatory approvals, and customary closing conditions must be satisfied for the acquisition to complete.
• Proxy Solicitation Agent: Sodali & Co (contact numbers and email provided).

Notable Quotes

(No direct quotes were included in the release.)