Thunderbird Entertainment Receives Final Order Approving Arrangement With Blue Ant

Executive Summary

• The Supreme Court of British Columbia issued a final order approving Thunderbird Entertainment Group Inc.’s previously announced arrangement under the Business Corporations Act (BC).
• Under the arrangement, Blue Ant Media Corporation will acquire 100 % of Thunderbird’s outstanding shares, pending remaining regulatory and stock‑exchange approvals.
• Upon completion, Thunderbird’s TSX Venture Exchange and OTC Market listings will be cancelled and the company will cease to be a reporting issuer in Canada.

Key Details

• Final Court Order: The Supreme Court order is the last substantive court approval required before closing the arrangement.
• Acquisition Structure: Blue Ant Media Corp. (TSX: BAMI) will acquire all outstanding Thunderbird shares; the transaction was approved by Thunderbird shareholders at a special meeting on 22 Jan 2026.
• Closing Timeline: Assuming all other conditions are satisfied, the closing is expected “in the coming weeks.”
• Delisting & Reporting Status: Post‑closing, Thunderbird’s shares will be delisted from the TSX Venture Exchange and OTC Markets; Blue Ant will apply for Thunderbird to cease being a reporting issuer under Canadian securities laws.
• Reference Documents: Arrangement Agreement dated 25 Nov 2025; Management Information Circular dated 11 Dec 2025; all materials available on SEDAR+.
• Regulatory Conditions: Completion remains subject to stock‑exchange approvals, regulatory clearances, and any other conditions or waivers outlined in the arrangement agreement.

Notable Quotes

(No direct quotes were included in the release.)