BURLINGTON, ON, Jan. 9, 2013 /CNW/ - SIR Royalty Income Fund (TSX:
SRV.UN) ("the Fund") today declared a cash distribution of $0.088 per
trust unit for the period December 1, 2012 to December 31, 2012. The
distribution will be payable on January 31, 2013 to unitholders of
record at the close of business on January 18, 2013.
About SIR Corp.
SIR is a privately held Canadian corporation that owns and operates a
portfolio of 51 restaurants in Canada. SIR's Concept brands include:
Jack Astor's Bar and Grill®, with 34 locations; Alice Fazooli's®, with
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, Far Niente®/FOUR®/Petit
Four®, and the Loose Moose Tap & Grill®. 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 Royalty Pooled Restaurants. As at
December 31, 2012, there were 47 restaurants included in the Royalty
pool (45 operating and two closed restaurants). SIR also owns and
operates two seasonal Signature brand restaurants: Abbey's Bakehouse™
and Duke's Refresher™. These two restaurants 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