Yes and mergers/acquisitions are specifically stated as one of the focus areas in the Poet COO's employment contract from the 20-F:

Co-develop within 45 days of the Effective Date business strategy with the CEO (for approval by the Board) to raise funds for the company to achieve financial stability and also enable merger/acquisition activities;

It really seems that Poet is doing everything in their power to stand up on its own as a company and not be dictated to by bigger powers that may try to squeeze them.