Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (Thunderbird or the Company), today announced that shareholders approved all matters considered at the Company’s Annual General Meeting (“AGM”) held December 6, 2021. Details of the voting results are provided in this release.
Full details of the following matters that were voted on at the AGM of Company shareholders, held on December 6, 2021, are set out in the Company’s management information circular dated November 2, 2021 (the “Information Circular”), which is available on SEDAR at www.sedar.com.
1. Election of Directors
The following persons were elected to serve as directors of the Company, with the outcome of votes being as follows:
% of Votes For
% of Votes Withheld
2. Appointment of Auditors
PricewaterhouseCoopers LLP was re-appointed as the auditor of the Company for the ensuing year and the Directors were authorized to fix their remuneration.
% of Votes
% of Votes
3. Annual Re-Approval of Stock Option Plan
The Company’s incentive stock option plan was approved.
% of Votes
% of Votes
4. Approval of 2021 Equity Incentive Compensation Plan
The Company’s 2021 Equity Incentive Compensation plan was approved.
% of Votes
% of Votes
Brian Paes-Braga, who has served as Chairman of Thunderbird’s Board of Directors since 2019, and Paul Sparkes, who has served on the Board since December 20, 2012, did not stand for re-election. Lead Director Marni Wieshofer has been appointed as Thunderbird’s Interim Chair. Ms. Wieshofer will hold the position while the Company commences a search for a new Chair. The Company would like to thank Mr. Paes-Braga and Mr. Sparkes for their many contributions as board members.
“It has been a tremendous privilege to be Chairman of Thunderbird during the pivotal early days as a public company. I was, and continue to be, inspired by Jenn’s vision for the Company, and her commitment to excellence which can be witnessed at every level of the organization,” said Paes-Braga. “With a solid foundation for growth set in place, and the industry experiencing incredible tail winds, I am stepping away to focus on other projects, both professionally and personally. While I will miss the immensely talented team, I look forward to following Thunderbird on its journey in becoming a major global studio and am excited to continue to support in any way I can.”
For information on Thunderbird and to subscribe to the Company’s investor list for news updates, go to www.thunderbird.tv.
About Thunderbird Entertainment Group
Thunderbird Entertainment Group is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with additional offices in Los Angeles, Toronto, and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the world’s leading digital platforms, as well as Canadian and international broadcasters. Thunderbird’s vision is to produce high quality, socially responsible content that makes the world a better place. The Company develops, produces, and distributes animated, factual, and scripted content through its various divisions, including Thunderbird Kids and Family (Atomic Cartoons), and Thunderbird Factual and Scripted (Great Pacific Media). The Company also has a division dedicated to global distribution and consumer products. Thunderbird is on Facebook, Twitter, and Instagram at @tbirdent. For more information, visit: www.thunderbird.tv.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility of the adequacy or accuracy of this release, which has been prepared by management.
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the Company’s objectives, goals or future plans and the business and operations of the Company. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; those additional risks set out in the Company’s Filing Statement and other public documents filed on SEDAR at www.sedar.com; and other matters discussed in this news release. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Glen Akselrod, Bristol Capital
Phone: + 1 905.326.1888 ext 1