Brian
Hello
The imformation circular states:
"Surrender of options in Lieu of Exercise
Under the option plan, the board of directors may from time to time in its sole discretion, permit vested options to be surrendered unexercised for common shares or cash equal to the intrinsic value of such surrendered options as represented by the market appreciation in the surrendered options. No financial assistance is provided by the corporation to the eligible participants to facilitate the purchase of common shares on exercise of options. "
Not sure if this applies to what happened with these options....
Thanks
Jason