Thunderbird Entertainment Group Announces the Engagement of Market Maker Consultant
23 Oktober 2024 - 3:00PM
Business Wire
Thunderbird Entertainment Group Inc. (TSXV:TBRD) (OTCQX:THBRF)
(Thunderbird or the Company), a global award-winning, full-service
multiplatform production, distribution and rights management
company, today announced that it has retained Independent Trading
Group (“ITG”) to provide market making services in accordance with
TSX Venture Exchange (“TSXV”) policies.
ITG will trade the securities of the Company on the TSXV for the
purposes of maintaining an orderly market and contributing to
market liquidity. In consideration of the services provided by ITG,
the Company will pay ITG a monthly cash fee of $6,000. The
agreement is for an initial term of three months and renewable
thereafter. Costs related to the engagement of ITG will be paid
from the general working capital of the Company. ITG will not
receive shares or options as compensation. The capital used for
market making will be provided by ITG.
ITG, which operates out of Toronto, Ontario, is a Dealer Member,
as defined by the Canadian Investment Regulatory Organization. The
Company and ITG are unrelated and unaffiliated entities, and, at
the time of the agreement for ITG’s services, to the knowledge of
the Company, neither ITG nor its principals have an interest,
directly or indirectly, in the securities of the Company.
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 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. The Company develops, produces, and distributes
animated, factual, and scripted content through its various content
arms, including Thunderbird Kids and Family (Atomic Cartoons),
Thunderbird Unscripted (Great Pacific Media) and Thunderbird
Scripted. Productions under the Thunderbird umbrella include
Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway
Thru Hell, Kim’s Convenience, Boot Camp and Sidelined: The QB and
Me. Thunderbird Distribution and Thunderbird Brands manage global
media and consumer products rights, respectively, for the Company
and select third parties. Thunderbird is on Facebook, X, 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 for the adequacy or accuracy of this
release, which has been prepared by management.
Cautionary Statement Regarding Forward-Looking
Information
This news release includes “forward-looking statements” and
“forward-looking information” as defined under applicable Canadian
securities legislation. Forward-looking statements or information
may be identified by words such as “anticipate”, “continue”,
“estimate”, “expect”, “forecast”, “may”, “will”, “plan”, “project”,
“should”, “believe”, “intend”, or similar expressions concerning
matters that are not historical facts. Forward-looking statements
in this document include, but are not limited to, statements with
respect to: the impact of the market making services on the
maintenance of an orderly market and contribution to market
liquidity; the renewal of the agreement with ITG after the initial
three months term.
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: the risk
that the market making services will not achieve the desire impact
on the maintenance of an orderly market and contribution to market
liquidity; that the agreement with ITG will not be renewed after
the initial three months term. An assessment of these risks that
could cause actual results to materially differ from current
expectations is contained in the “Risks and Uncertainty” section of
June 30, 2024 MD&A. The foregoing is not an exhaustive list.
Additional risks and uncertainties not presently known to
Thunderbird or that management believes to be less significant may
also adversely affect the Company. Although the Company believes
that the assumptions and factors used in preparing the
forward-looking statements or information contained in this
document are reasonable, undue reliance should not be placed on
these statements which represent our views as of the date hereof
and as such information should not be relied upon as representing
our views as of any date subsequent to the date of this document.
The Company undertakes no obligation to update publicly or revise
any forward-looking statements or information, whether as a result
of new information, future events or otherwise, unless so required
by applicable securities laws. Accordingly, readers are cautioned
not to place undue reliance on forward-looking statements or
information.
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version on businesswire.com: https://www.businesswire.com/news/home/20241022037319/en/
For further information:
Investor Relations: Glen Akselrod, Bristol Capital Phone:
+ 1 905 326 1888 ext 1 Email: glen@bristolir.com
Media Relations: Lana Castleman, Director, Marketing
& Communications Phone: 416-219-3769 Email:
lcastleman@thunderbird.tv
Corporate Communications Julia Smith, Finch Media Email:
Julia@finchmedia.net
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