Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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 > The Fund responds...

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Comment by flamingogoldon Apr 16, 2021 2:12pm

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Post# 33012163

RE:RE:RE:RE:The Fund responds...

This was my thinking, why would SIR bury this info about Renegade, it negatively affects the value of the fund... unless that was their intention? The Fund should act in our best interest, but this is what Janes' is challenging... that maybe they have gotten a little too close to SIR.

I would sincerely hope this head butting can be mutually resolved, but it's good to know we now have someone with some weight in our corner if it comes to something more.

BlueJay2020 wrote: Yeah, a bonus point to Lembit for getting either SIR or SRV to utter the forbidden R word!

One would have thought that infiormation would have more properly come from SIR rather than the Fund. It's not the Fund's job to defend the actions of SIR.

Robsopinion wrote: But nothing would have been said had it not been for Janes press release