Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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

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Comment by lostcauseson Feb 11, 2021 12:48am

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Post# 32534529

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

Have to disagree, its under contractual agreement. If you are renting an apartment you pay the utilities bill only, not your landlord because they are lower priority to you?

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

What they should have said:

SIR naturally resumes unitholders distributions as soon as COVID restrictions are lifted. We apologise for the delay, but unfortunately these special circumstances are out of SIR's control.

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