Ann: Notice of Annual General Meeting/Proxy Form, page-226

Strategic in the sense that they were willing to fund the conversion of our boards 30cent options. Thus providing the company with an additional few million $ at no expense to the board and without need to run an additional capital raise.

In hindsight it was an astute move by management, because had the sale and conversion of those options NOT taken place then the options likely would not have been converted and the company left without the additional funds to proceed with EPA studies and other operational expenses (long lead items for production).