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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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 Trallalainveston Aug 16, 2020 10:07pm
76 Views
Post# 31415929

RE:Traffic update

RE:Traffic update
great to hear thanks flamingogold for sharing on the ground information. Maybe just slow roll to open less busy sites to help preserve cash flow. Regardless we are still in somewhat difficult times but we are on the up swing out of it now. I've added and happy to see a strong price action last week. If you think Corona virus will disappear like Sars and everything else before and knowing things will go back to regular. Then this is great opportunity to buy in or add. In future this will be trading steadily between $12-$14 paying $0.10-$0.12 royalty per month. Buy now forget about it and collect royalties until you want to make that big purchase for vacation home land development or fancy sports car. I did buy early but continuing to average down has greatly increased my ownership for a fraction of the cost. When things are running good and smoothly it will be of great reward. Be patient, positive, and humble. Have a great week
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