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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Comment by BlueJay2020on May 31, 2021 9:41pm
55 Views
Post# 33301037

RE:RE:RE:RE:Yes, yes, yes!!!

RE:RE:RE:RE:Yes, yes, yes!!!

Personally, I don't think he will create too much of a fuss. I imagine he has been involved to some extent in everything being tied up.

And the Renegade Chicken payment is a one-off goodwill gesture because they used 'Jack's assets'.


Amgamg67 wrote: I'm happy with the out come as well. Is the 6% payment from Renegade Chicken a one time or will it be on going. 
Now I curious to find out what Mr. Janes thinks about the Renegade not being part of the fund? 
I think this is far from over.

 

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