Thunderbird Entertainment Reports Voting Results From Special Meeting of Shareholders and Preliminary Election Results to Determine the Form of Consideration to Be Received by Shareholders

Core Viewpoint - Thunderbird Entertainment Group Inc. announced the approval of a special resolution for the acquisition by Blue Ant Media Corporation, with 78.84% of votes in favor at the special meeting held on January 22, 2026 [1][2]. Voting Results - The Arrangement Resolution required at least two-thirds (66%) approval, with 31,047,832 Shares (62.91% of outstanding Shares) voted [2]. - The final order for the Arrangement will be sought from the Supreme Court of British Columbia on January 26, 2026, with completion expected in the coming weeks, pending regulatory approvals [2]. Shareholder Elections - Shareholders had the option to elect to receive either 0.2165 Blue Ant subordinate voting shares, $1.77 in cash, or a combination of both, with a maximum cash consideration of $40 million [4]. - Approximately 81% of shareholders elected to receive the Cash Consideration, while about 19% opted for the Share Consideration [7]. Preliminary Election Results - The preliminary results indicate that the final allocation of Cash and Share Consideration will be calculated according to the plan of arrangement [5]. Company Overview - Thunderbird Entertainment Group Inc. is a full-service multiplatform production, distribution, and rights management company, creating content for digital platforms and broadcasters [8].