Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF)
(“Thunderbird” or the “Company”) has granted an aggregate amount of
143,317 restricted share units (the “RSUs”) to its non-executive
directors on November 25, 2024, pursuant to the terms of the
Company’s equity incentive compensation plan. The RSUs will vest on
December 14, 2024. Each vested RSU entitles the holder thereof to
receive one common share of the Company.
The Company also granted an aggregate amount of 171,606 RSUs to
certain members of the Company’s executive management team,
pursuant to the terms of the Company’s equity incentive
compensation plan. The RSUs will vest over three years, and each
vested RSU entitles the holder to receive one common share of the
Company. Additionally, 400,412 performance share units (“PSUs”)
were granted to certain members of the Company’s executive
management team, based on certain performance targets to be met.
Subject to the satisfaction of such performance targets, the PSUs
will vest on the one-year anniversary of the date of the grant.
Each vested PSU entitles the holder to receive one common share of
the Company (or can be paid out in cash at the discretion of the
Company’s board of directors).
Thunderbird Entertainment Inc. (“TEI”), a wholly-owned
subsidiary of the Company, has also entered into an Addendum to the
Executive Employment Agreement dated July 1, 2021 between TEI and
Jennifer Twiner McCarron, the CEO of the Company (the “Addendum”).
Under the terms of the Addendum, effective from July 1, 2024, Ms.
Twiner McCarron has agreed to forego a guaranteed bonus and has
agreed to a bonus structure that ensures eligibility for annual
short term incentive payments is driven entirely by performance
based on the achievement of AEBITDA targets and strategic
objectives established by the Company’s board of directors.
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,
Twitter, and Instagram at @tbirdent. For more information, visit:
www.thunderbird.tv.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding Forward-Looking
Information
Thunderbird’s public communications may include written, or oral
“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
vesting schedule of the RSUs, the PSUs, and the achievement of
certain performance objectives relating to Ms. Twiner McCarron’s
performance bonus entitlements.
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; product capability and
acceptance; and other factors set out in the “Risk and Uncertainty”
section of the Company’s MD&A dated June 30, 2024. 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.
The forward-looking statements or information contained in this
document represent the Company’s views as of the date hereof, and
therefore such information should not be relied upon as
representing the Company’s views as of any date subsequent to the
date of this document. The Company’s actual results, performance or
achievement could differ materially from those expressed in, or
implied by, these forward-looking statements and, accordingly, no
assurance can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of
them do so, what benefits the Company will derive therefrom.
Readers are therefore cautioned that the foregoing lists of
important factors are not exhaustive, and they should not unduly
rely on the forward-looking statements included in this news
release. All forward-looking statements contained in this news
release are expressly qualified by this cautionary statement.
Thunderbird has no intention, and undertakes no obligation, to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241125609691/en/
Investor Relations Contacts: Glen Akselrod, Bristol
Capital Phone: + 1 905 326 1888 ext 1 Email: glen@bristolir.com
Media Relations Contact: Lana Castleman, Director,
Marketing & Communications Phone: 416-219-3769 Email:
lcastleman@thunderbird.tv
Corporate Communications: Julia Smith, Finch Media Email:
Julia@finchmedia.net
Thunderbird Entertainment (TSXV:TBRD)
過去 株価チャート
から 11 2024 まで 12 2024
Thunderbird Entertainment (TSXV:TBRD)
過去 株価チャート
から 12 2023 まで 12 2024
