Vancouver, British Columbia , June 4, 2008 - Thunderbird Energy Corp. (TSX-V: TBD) (the "Company") announces that it has engaged D&D Securities Company and PowerOne Capital Markets Limited of Toronto, Ontario, to conduct a brokered private placement of up to 15,000,000 units of the Company at a price of $0.20 per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant is exercisable into one common share of the Company at a price of $0.25 per share for a period of one year. The brokers will receive a cash commission equal to 7% 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 exercisable at a price of $0.20 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
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