Studio aims to have a robust operation by June 2019 with a focus on animated productions, and to support growth of Thunderbird’s factual and scripted divisions

Vancouver, Canada (December 3, 2018)— Thunderbird Entertainment Group Inc. (TSXV:TBRD) (“Thunderbird” or the “Company”), a global multiplatform entertainment company with offices in Los Angeles, London, Vancouver, Ottawa and Toronto, is delighted to announce the opening of a new production hub in Ottawa, Canada. The studio will immediately expand capacity of Thunderbird’s kids’ division, Atomic Cartoons, and also support future growth of the Company’s factual and scripted divisions.

Atomic Cartoons Ottawa opened December 1, 2018 with employees working on high quality animation projects, under the leadership of Chris Wightman. Wightman’s experience includes both animated and documentary productions, as well as extensive work on previous Thunderbird productions. One of the first productions at the new studio will be an animated series for Netflix, The Last Kids on Earth, based on the New York Times best-selling book series by Max Brallier.

“We have been looking to expand for some time, and Ottawa is the perfect base for a full-service studio that produces animated, factual and scripted content. The city has an established animation sector and local universities are producing incredible talent at all levels,” says Jennifer Twiner McCarron, chief executive officer, Thunderbird Entertainment and Atomic Cartoons. “It is important we tap into the potential of talent-pools across Canada to support Thunderbird’s plans for the future, and to keep up with the growing number of requests we are getting from partners like Netflix, Amazon, Disney, Discovery and the CBC.”

Twiner McCarron, also recently met with Ottawa’sfilm commissioner, Bruce Harvey, and Mayor Jim Watson to share the Company’s enthusiasm for its new studio and long-term vision.

Harvey echoes Twiner McCarron’s excitement about the new production hub. “We’re thrilled that Thunderbird has selected Ottawa, the birthplace of Canada’s animation industry, for the first major expansion of its kids’ division,” he says. “Thunderbird’s presence will further distinguish Ottawa as a first-choice destination for talent looking for a career at the highest levels in the animation industry, and it will also strengthen our entertainment industry with production of factual and scripted content.  Thunderbird now joins our family of six world-class animation studios, North America’s largest animation festival, and multiple post-secondary animation programs in an affordable, artist friendly, G7 capital city.”

The new production hub will also focus on growing Thunderbird’s factual footprint in Ottawa, where segments of its hit series Heavy Rescue: 401are already produced.

“Ottawa has the depth of journalistic talent and is a great place to grow Canada’s rapidly expanding factual story telling industry,” notes Mark Miller, president, Thunderbird Entertainment. “It’s exciting to be in Ottawa, where our Thunderbird team has already started to tap into the city’s network of top level story tellers, to create our globally recognized factual content.”

About Thunderbird Entertainment Group Inc.

Thunderbird Entertainment Groupis a Vancouver-based global multiplatform entertainment company with offices in Vancouver, Los Angeles, Toronto, Ottawa and London. 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 Atomic Cartoons, Great Pacific Television, Thunderbird Productions and Thunderbird Releasing Limited.

About Atomic Cartoons, Thunderbird’s kids division

Atomic Cartoons is a 450+ artist Vancouver-based award-winning animation studio. Atomic is recognized internationally as one of the leading animation studios in North America. Since its founding more than 20 years ago, Atomic has worked with partners such as Marvel Animation, Netflix, Disney, Cartoon Network, Warner Bros., Lego, Mattel, Spin Master and Nelvana to name a few. Atomic’s productions include the Emmy-award winning Beat Bugs, the upcoming Netflix series The Last Kids on Earth, the upcoming Disney show 101 Dalmatian Street, Counterfeit Cat, Minecraft Mini Series, Marvel’s Avengers Assemble, Rocket Monkeys, Max & Ruby and Transformers: Rescue Bots.

For further information, please contact:

Investor Relations Contacts:

Lucas Cahill and Freddie Leigh

Phone:+ 1 604.683.3555
Email: investors@thunderbird.tv

Media Relations Contact:

Julia Smith, Finch Media

Phone:+1 604.803.0897
Email:julia@finchmedia.net

The TSX-V has in no way passed upon the merits of the Arrangement and has neither approved nor disapproved the contents of this press release. 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.

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, and completion of announced production. 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.