Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

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 > Offer price

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Comment by BlueJay2020on Jan 06, 2021 11:59am

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Post# 32233379

RE:Offer price

It's an opportunistic bull**** offer - if they can afford to shell out tens of millions for the royalty piece, it's quite clear that they are going to survive the pandemic - and they obviously think so or else why make the offer.

I hope that enough shareholders realise this and vote no like me. $5 should be the absolute minimum.

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