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 > Confession Time...

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Comment by pjn0987654321on Feb 11, 2021 8:01pm

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RE:RE:RE:Confession Time...

Now he's talking turkey ;-)

"Mr. Janes noted: "I am pleased that SIR has abandoned its Jan. 6, 2021, proposal, but am obviously disappointed that SIR will not assist the fund in seeking to maximize value for all unitholders. We will nevertheless seek to work with SIR, the fund and all other stakeholders in order to ensure that the interests of all unitholders are addressed by restoring distribution payments and maximizing the value of the units."

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