Some time ago there was much discussion surrounding the rationale of SI exercising the Sep'15 warrants well in advance of their expiry. I think the public or majority opinion of the board agreed that it had everything to do with acquiring additional voting rights for or at the AGM.
In a conversation earlier this morning it was confirmed that under normal circumstances ie. for typical and recurring AGM matters, the shares held by directors and officers are included as eligible for voting. However, there are circumstances for non-recurring and unusual situations where those shares held by officers and directors are excluded from the vote. It was further suggested that this type of information would be clearly disclosed in the information circular......in the absence of a NR, can't wait to see that document.