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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund

Bullboard Posts

Comment by JReynoldson Dec 03, 2012 4:59am

135 Views

Post# 20673928

RE: RE: RE: RE: RE: RE: POR above 100% for the tim

Everything has its risks. This is the risk we must face. Anyway, if it helps, I'm sure the bank will be in the front line if anything were to go wrong. And I'm sure the bank would vet very carefully before extending a facility to SIR Corp. which indirectly benefits us too. And of course, the bank will get back its fair share too (first) in the case of any liquidation.

Bullboard Posts

High-grade gold potential in the world’s best mining jurisdiction