Thunderbird Resorts Inc.: Annual General Meeting of Shareholders Results and Election of Officers and Committee Members

ZURICH, SWITZERLAND, 2017-12-30 05:13 CET (GLOBE NEWSWIRE) --
Thunderbird Resorts Inc. ("Thunderbird" or "Group") (NYSE Euronext
Amsterdam:TBIRD) (FSE:4TR) reports the following results of the Company's
Annual General Meeting of Shareholders (AGM-2017) held in La Mesa, California
on December 29, 2017: 

In the AGM-2017, there was a total of 13,362,790 shares voted at the meeting.
This represents approximately 47.5% of Thunderbird's issued and outstanding
share capital which, as of the record date of November 21, 2017, was 28,103,407
common shares. 

  -- On the matter of election of the board of directors, the shareholders voted
     99% in favor of electing Salomon Guggenheim, George Gruenberg, and Stephan
     Fitch to serve on the board for the ensuing year.
  -- Baker Tilly was appointed as auditors for the ensuing year and the Board of
     Directors was authorized to affix their remuneration.
  -- The shareholders received and considered the financial statements together
     with the auditor's report thereon for the financial year ended December 31,
     2016.

Following the meeting of shareholders the Board of Directors appointed the
following persons as officers for the ensuing year: 

  -- Salomon Guggenheim, President and Chief Executive Officer
  -- Albert W. Atallah, General Counsel and Corporate Secretary
  -- Peter LeSar, Chief Financial Officer

Based on the recommendations made by the Nominating Committee, the Board
approved the following committee members: 

                                                                           
Audit Committee                      Stephan Fitch (Chairman)              
                                     George Gruenberg                      
                                     Advisory member: Peter Lesar          
Compensation Committee               George Gruenberg (Chairman)           
                                     Stephan Fitch                         
                                     Salomon Guggenheim                    
                                                                           
Nominating and Governance Committee  Stephan Fitch (Chairman)              
                                     George Gruenberg                      
                                     Salomon Guggenheim                    
                                                                           
Investment Committee                 Stephan Fitch (Chairman)              
                                     Advisory members:  Salomon Guggenheim,
                                     Peter Lesar and Albert Atallah        
                                                                           

ABOUT THE COMPANY

We are an international provider of branded casino and hospitality services,
focused on markets in Latin America.  Our mission is to "create extraordinary
experiences for our guests."  Additional information about the Group is
available at www.thunderbirdresorts.com. 

Cautionary Notice:  This release contains certain forward-looking statements
within the meaning of the securities laws and regulations of various
international, federal, and state jurisdictions.  All statements, other than
statements of historical fact, included herein, including without limitation,
statements regarding potential revenue and future plans and objectives of the
Group are forward-looking statements that involve risk and uncertainties. 
There can be no assurances that such statements will prove to be accurate and
actual results could differ materially from those anticipated in such
statements.  Important factors that could cause actual results to differ
materially from the Group's forward-looking statements include competitive
pressures, unfavorable changes in regulatory structures, and general risks
associated with business, all of which are disclosed under the heading "Risk
Factors" and elsewhere in the Group's documents filed from time-to-time with
the AFM and other regulatory authorities. 

         Contact:  Salomon Guggenheim · E-mail:  [e-mail]