Canadian Insider shows that Raymond Goldie, a director of the company, exercised options at .10 on Friday.

https://www.canadianinsider.com/company?menu_tickersearch=EQT%20|%20Equitas%20Resources

In the June 25 Financial Statements, on page 20, it shows the expiration dates of the outstanding options. There were no options set to expire. So, why would somebody buy options now? Two things come to mind. 1st: He could now sell those at a decent profit. 2nd: Perhaps it was a way to get some money into company coffers. My thought is that it is the latter.

http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00006178&fileName=/csfsprod/data151/filings/02367378/00000001/C%3A\SEDARfilings\EQT\EQT20150228AuditedFS%282%29.pdf