Thunder Energy Trust
TSX : THY.UN

Thunder Energy Trust

April 05, 2006 08:20 ET

Thunder Closes Financing

CALGARY, ALBERTA--(CCNMatthews - April 5, 2006) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Thunder Energy Trust ("Thunder") (TSX:THY.UN) is pleased to announce that it has completed its previously announced bought deal financing. Pursuant to the financing, Thunder issued $75,000,000 worth of 7.25% convertible unsecured subordinated debentures (the "Debentures") with a conversion price of $11.70 per Trust Unit and a maturity date of April 30, 2011. The TSX trading symbol of the Debentures is THY.DB.

The financing was conducted by a syndicate of underwriters co-lead by GMP Securities L.P. and FirstEnergy Capital Corp. and including CIBC World Markets Inc., Canaccord Capital Corporation, BMO Nesbitt Burns Inc. and Scotia Capital Inc.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities offered have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable states securities laws.

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