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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Comment by lostcauseson Feb 10, 2021 9:42pm
100 Views
Post# 32533825

RE:RE:SIR Corp. Announces it's No Longer Proceeding with its Offer

RE:RE:SIR Corp. Announces it's No Longer Proceeding with its Offer


SIR reminds Fund unitholders that the timing of any resumption of monthly distributions is uncertain

Well bully us all you want SIR, but I dont think so. Once the restrictions are lifted there is nowhere to hide any more. Not to mention we have Janes (~100k monthly distributions)  and the trustees on our side, which will start legal action due to contract breach in due time.

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