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.

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Sir Royalty Income Fund > Board to increase to 9

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Post by BlueJay2020on Jun 02, 2021 7:57am

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Post# 33309359

Board to increase to 9

...to ensure Lembit does not gain control. It is fascinating to see this game play out. There is clearly no love lost between Fowler and Janes. One imagines, though, thst yesterday's announcements were made with the AGM in mind.

I actually think this could be a sensible move to broker some peace, but it does seem overkill to have such a large number (all being paid fees).

I need to see the particulars of the proposed new faces before they get my vote.

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