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

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Post by flamingogoldon May 18, 2021 4:06pm

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Post# 33223841

Looking forward to clarity on Renegade Chicken

My understanding is this month should mark the end of Renegade Chicken's test phase. I think it has legs, or should I say wings... either way if it vends into the fund we could easily push beyond the pre-pandemic high of $8.50.

"Renegade Chicken is in a test mode. The test phase is expected to conclude by the end of May. At that time, SIR is expected to advise the Fund how it intends to move forward with these ghost kitchen operations."

https://www.newswire.ca/news-releases/sir-royalty-income-fund-responds-to-lembit-janes-press-release-876080661.html#:~:text=UN)%20(the%20%22Fund%22,(the%20%22Meeting%22).

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