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 > $50 E-Gift card Bonus avail until the 29th

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Comment by Robsopinionon Nov 24, 2021 9:59am

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Post# 34161020

RE:RE:RE:RE:RE:$50 E-Gift card Bonus avail until the 29th

The company was Sportscene group, their flagship brand was a sports bar concept call La Cage. Think Boston pizza that caters specifically to Francaphones.

I don't think Fowler taking this private is an option of any sorts either. If the guy had any free cash available why wouldn't he purchase Sir units when they were in the single digits? Especially when he himself was trying to go private back then? Most likely he is absolutely maxed with personal loans and debt to keep the business going through this.

Im sad that Renegade chicken was not folded into the fund and accelerated. I liked the idea. It was really the only inovation to come out of the head office in a decade (saucing your wings table side anyone????)

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