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 > 2.5 offers on the table

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Post by Lazaroson Jan 28, 2021 8:01pm

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Post# 32416408

2.5 offers on the table

It looks like we have a solid floor with ample room to see the price increase. One offer for $3.55, another with an unknown price and a mini offer at $4.25.

I am curious who the third bidder is. I'm also curious if Janes foods is a SIR supplier and might have some insight into their business that we don't.

Tomorrow promises to be interesting.

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