BURLINGTON, ON, Nov. 6, 2013 /CNW/ - SIR Royalty Income Fund (TSX:
SRV.UN) ("the Fund") today declared a cash distribution of $0.095 per
trust unit for the period October 1, 2013 to October 31, 2013. The
distribution will be payable on November 29, 2013 to unitholders of
record at the close of business on November 15, 2013.
About SIR Corp.
SIR is a privately held Canadian corporation that owns and operates a
portfolio of 55 restaurants in Canada. SIR's Concept brands include:
Jack Astor's Bar and Grill®, with 37 locations; Alice Fazooli's®
together with Scaddabush™, for a total of four locations; and Canyon
Creek Chop House®, with eight locations. SIR also operates
one-of-a-kind "Signature" brands in downtown Toronto, which comprise
the upscale Reds® Wine Tavern, Reds® Midtown Tavern, Far
Niente®/FOUR®/Petit Four®, and The Loose Moose®. All trademarks related
to the Concept and Signature brands noted above are used by SIR under a
License and Royalty Agreement with SIR Royalty Limited Partnership in
consideration for a Royalty, payable by SIR to the Partnership, equal
to six percent of the revenue of the 49 restaurants currently included
in the Royalty pool. SIR also owns and operates two seasonal Signature
restaurants: Abbey's Bake House™ and Duke's Refresher™, that are not
currently part of the Royalty pool. For more information on SIR Corp.
or the SIR Royalty Income Fund, please visit www.sircorp.com.
About SIR Royalty Income Fund
The Fund is a trust governed by the laws of the province of Ontario that
receives distribution income from its investment in the SIR Royalty
Limited Partnership and interest income from the SIR Loan. The Fund
intends to pay distributions to unitholders on a monthly basis.
SOURCE: SIR Royalty Income Fund
For further information:
Peter Fowler, CEO
BMIR, Investor Relations
Tel: (416) 447-4740, ext 232