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The transaction delivers a 28% premium to Thunderbird’s 45-day VWAP, targets $7M in cost synergies, and will expand production, distribution, and consumer products capabilities while materially enhancing Blue Ant’s earnings and cash flow profile.

The transaction expands Blue Ant Media’s global channels and streaming business, enhances monetization opportunities, and strengthens its position as a leading provider of premium factual content worldwide.

Blue Ant Media Corporation announced the closing of the previously-announced "go public" reverse takeover transaction which was implemented by way of a statutory plan of arrangement under the Canada Business Corporations Act