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 > Decent report and waiver extended

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Comment by BlueJay2020on Apr 01, 2021 9:22am

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Post# 32921617

RE:RE:Decent report and waiver extended

Just boilerplate disclaimer stuff that they are required to say. I wouldn't read anything into it at all.

pjn0987654321 wrote: I read it and they do mention "going concern" but I can't tell if they are issuing a going concern warning or not.

"the Fund's ability to continue as a going concern for the next 12 to 18 months involves significant judgement."

Is that a going concern warning?

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