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KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s):  KRIUF

The Keg Royalties Income Fund (the Fund) is a limited-purpose open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and, through a License and Royalty Agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the License and Royalty Agreement equal to 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the partnership and administrator of the Fund.


TSX:KEG.UN - Post by User

Comment by Roman79on Aug 17, 2020 5:42pm
207 Views
Post# 31420006

RE:RE:Interesting commentary

RE:RE:Interesting commentaryIf you own a sizeable position like I do I hope you have been visiting your local keg restaurant to support your investment. Since reopening I've been several times having a great meal and obtaining inside information. Quick and easy way, just as your bartender or server if their usual sales are back to normal. Every market is different but from my local keg, they are almost back to 100% and getting busier. At these prices if anyone has available cash they should be buying. 
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