In the same release, it states both that...
"The Company is relying on the "financial hardship" exemption from the minority approval requirement under MI 61-101 based on the board of directors having unanimously determined that the Company is in serious financial difficulty"
and...
"The Company also announces that it has received a letter of intent regarding a significant potential regional licensing arrangement (the "License") for apabetalone (RVX-208), and/or a significant equity investment in the Company. The License is expected to include an upfront payment and on-going milestone and royalty payments."
This RVX story is fast becoming a made of TV movie. Granted, Calgary is still 1,575 miles (or 2,535km for our Canadian friends) away from Hollywood, but still....fascinating!