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 it has been named as one of the top performers on the 2023 Venture 50. Thunderbird ranked eighth in the Diversified Industries category.

The Venture 50 showcases TSXV issuers across five sectors: energy, mining, clean technology and life sciences, diversified industries, and technology. The ranking is an equal weighting of each firm’s performance during 2022 across three key indicators: market capitalization growth, share price appreciation, and trading volume.

“I am proud and humbled that Thunderbird Entertainment has been selected as a Top 50 TSX Venture Exchange Company,” says Jennifer Twiner McCarron, Thunderbird CEO and Chair. “This ranking reflects the commitment and dedication that all of our stakeholders have to Thunderbird’s success – and our teams’ talent, resiliency and commitment to excellence in creating quality content.”

“The 2023 Venture 50 includes companies from across Canada as well as nine international issuers, reflecting the impressive global reach of our venture markets as we continue to broaden and diversify our dynamic ecosystem,” said Loui Anastasopoulos, CEO, Toronto Stock Exchange and Global Head, Capital Formation, TMX Group. “TSXV is pleased to be able to provide investors with the opportunity to invest in the best and brightest small cap companies, across a range of various sectors, and from regions across the world.”

The 2023 list highlights the unique opportunities available to investors through public venture capital. For detailed results and further information about the ranking methodology, visit: www.tsx.com/Venture50.

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 content arms, including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media), formerly known as Thunderbird Factual, and Thunderbird Scripted. Productions under the Thunderbird umbrella include The Last Kids on Earth, Molly of Denali, Highway Thru Hell and Kim’s Convenience, among others. The Company also has a team dedicated to global distribution and consumer products. Thunderbird is on Facebook, Twitter, and Instagram at @tbirdent. For more information, visit: www.thunderbird.tv.

ABOUT TMX GROUP (TSX: X) TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

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.

Investor Relations: Glen Akselrod, Bristol Capital +1 905 326 1888 ext 1 glen@bristolir.com

Media Relations: Lana Castleman, Director, Marketing & Communications 416-219-3769 lcastleman@thunderbird.tv

Corporate Communications Julia Smith, Finch Media Julia@finchmedia.net

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