Frank Giustra Announces Updated Disposition and Donation of Common Shares Held in Thunderbird Entertainment
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Monday, August 29, 2022
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Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC:THBRF) (TBRD or the Company), a global, multi-platform entertainment company with offices and production facilities in Vancouver, Los Angeles, Ottawa, and Toronto, has been advised that on August 26, 2022, Mr. Frank Giustra disposed of 976,470 common shares of Thunderbird Entertainment held by 1291308 B.C.
Key Points:
- Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC:THBRF) (TBRD or the Company), a global, multi-platform entertainment company with offices and production facilities in Vancouver, Los Angeles, Ottawa, and Toronto, has been advised that on August 26, 2022, Mr. Frank Giustra disposed of 976,470 common shares of Thunderbird Entertainment held by 1291308 B.C.
- Ltd. (a company owned and controlled by Mr. Giustra) by way of a donation of the 976,470 common shares to a charitable organization.
- As a result of the above noted disposition and donation, the Company has been advised that Mr. Giustra, Fiore Financial Corporation and 1291308 B.C.
- Immediately following the disposition, the 6,320,963 common shares held by the Holders represent 12.80% of the issued and outstanding common shares of TBRD and 12.88% on a partially diluted basis assuming the exercise of 50,000 stock options held by the Holders.