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.

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Sir Royalty Income Fund > Meanwhile....

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Comment by flamingogoldon Mar 14, 2021 9:21am

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Post# 32794509

RE:RE:RE:Meanwhile....

Renegade is owned by Sir Corp but not part of the fund. They mostly operate out of their existing Jack Astors kitchens.

I have read that it could eventually be vended into the fund, some say it will not. Interesting that Janes would fight for more fund shares given that this new takeout concept's focus is chicken. Timeline of events here:

https://stockhouse.com/companies/bullboard/t.srv.un/sir-royalty-income-fund?postid=32653781