Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

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.

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Sir Royalty Income Fund > The Management Information Circular...

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Post by BlueJay2020on Jun 03, 2021 12:19am

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Post# 33316971

The Management Information Circular...

....is by far the most interesting I have ever read! They have tried their best to dig up some dirt on Lembit.

I tend to agree with Sir Corp that Janes completely taking over the board of trustees would not be reflective of his actual holding.

I am not sure why we need an HR trustee when the Trust doesn't employ people, but I guess it is just optics.

It will be fascinating to see how this turns out. irvine's view could swing it. If I had to guess, I would say he'd side with Fowler, but really I have no idea.

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