Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Renegade Chicken

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Comment by flamingogoldon Feb 24, 2021 6:14pm

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Post# 32653781

RE:RE:Renegade Chicken

We don't know if Janes knew in advance, but the timeline of events is interesting...

Sept 28 to Nov 6 - stock hits all time lows

Oct. 22 - web domain registered by SIR Corp

Dec 3 - first Renegade Chicken Instagram post

Jan 6 - SIR Corp bids $3.55/share

Jan 27 - Janes bids $4.25/share

Feb 5 - Janes increases bid to $4.75/share

Feb 10 - SIR Corp drops it's bid

Robsopinion wrote:
I expect this to be part of the fund once the criteria is met. It has been played down (understatement of the year) to keep the fund from rising. Can't close the pen now, the chickens have come gone to roost.

One question to ask is if Janes had inside knowledge and to what extent...........

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