Wouldn't, these options be part of their normal course issue which is standard and voted yearly but not to exceed a % of outstanding shares?

Apparently that doesn't matter. It really seems to indicate that they are not in negotiatons. This makes sense to me because I think they are still working on the legal contract and sorting out the NPV matter.

Here's the rule: This prohibition remains the case even if the recipient of the award is not aware of the undisclosed material information or the award is being granted in the context of an “annual” or regular grant.