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 > Janes release

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Comment by flamingogoldon May 21, 2021 11:25am

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Post# 33247858

RE:Janes release

We are just passengers on this trip back up. I believe we are worth more post pandemic with the coming boom in hospitality, travel and leisure spending. The big stakeholders agree too hence the bidding wars and buying. That would mean the floor is $8 - $8.50. While some stores have closed, the Renegade Chicken brand remains in the balance which I believe can be extremely lucrative and when vended in, pushes the price into double digits.

Robsopinion wrote:
In the release he stated that he now holds almost 20%. To me this is very concerning that we now have 3 players holding majority voting rights. I've been here before in other companies and if there is a go private offer, the three can out vote the rest of us.

this is extremely concerning to me.

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