| ||February 09, 2007|
Brokered Private Placement
| ||Vancouver, British Columbia , February 9, 2007 - Thunderbird Energy Corp. (TSX-V: TBD) (the "Company") announces that it has engaged D&D Securities Company of Toronto, Ontario ("D&D"), to conduct a brokered private placement of up to 3,500,000 units of the Company at a price of $0.30 per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant is exerciseable into one common share of the Company at a price of $0.50 per share for a period of one year. D&D will receive a cash commission equal to 8% of the gross proceeds from the sale of the units, and broker's warrants to purchase that number of units as is equal to 10% of the aggregate number of units sold under the placement. Each broker's warrant is exerciseable at a price of $0.30 per unit for a period of one year.|
Proceeds of the financing are intended to be used for exploration and working capital purposes. The placement is subject to regulatory approval.
For more information, contact:
President and CEO
THUNDERBIRD ENERGY CORP.
847 Hamilton Street
Vancouver, B.C. V6B 2R7
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this press release.
THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
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