It is pretty common to get options thrown into a deal like this...

It is pretty common to get options thrown into a deal like this (usually priced well under the current SP), but I can't remember a financier taking all script at a strike price well north of the current SP. @Barolobill do you know of another example?

Edit. Actually reading the annoucement again I don't think that the deal is all script. They will probably get some cut of the amount raised too. It still does change that the strike price is very bullish.