Thunder Energy Trust
TSX : THY.UN

Thunder Energy Trust

May 01, 2007 18:24 ET

Thunder Announces Plan of Arrangement Clarification

CALGARY, ALBERTA--(CCNMatthews - May 1, 2007) - Thunder Energy Trust (TSX:THY.UN) has agreed with Overlord Financial Inc., Infra-PSP Canada Inc. and 1316629 Alberta Ltd that the consideration to be paid for the issued and outstanding 7.25% convertible debentures of Thunder (the "Debentures") pursuant to the plan of arrangement announced on April 24, 2007 will be a cash price of $1,010 per $1,000 of principal amount of Debentures plus accrued interest from the last interest payment date of April 30, 2007 to the effective date of the Arrangement.

Contact Information

  • Thunder Energy Trust and Thunder Energy Inc.
    Stuart Keck
    President & C.E.O.
    (403) 294-1635
    (403) 232-1317 (FAX)
    or
    Thunder Energy Trust and Thunder Energy Inc.
    Pamela Kazeil
    Vice President, Finance & C.F.O.
    (403) 294-1635
    (403) 232-1317 (FAX)
    Website: www.thunderenergy.com