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SIR Royalty Income Fund Reports Voting Results from Annual General

SIR Royalty Income Fund Reports Voting Results from Annual General Meeting

BURLINGTON, ON, May 26, 2016 /CNW/ - SIR Royalty Income Fund (TSX: SRV.UN) (“the Fund”) is pleased to announce that all of the nominees listed in its management information circular dated April 11, 2016 were elected as Trustees of the Fund at its Annual Meeting of Unitholders held on May 25, 2016 (the “Meeting”).  The results of the voting for each nominee are as follows:


          Nominee     Votes For         Votes Withheld
              —       

          Number     Percentage     Number     Percentage
          ———    —-    ———    —-

  Peter Fowler     4,122,172       99.77%  9,690         0.23%
  ——-    —      ——-  ——-        ——

  Peter Luit       4,113,752       99.56%  18,110         0.44%
  —-      —      ——-  ———        ——

  John McLaughlin   4,117,102       99.64%  14,760         0.36%
  -  —      ——-  ———        ——

  William Rogers   4,120,322       99.72%  11,540         0.28%
      —      ——-  ———        ——

  Kim Van Nieuwkoop 4,109,942       99.47%  21,920         0.53%
  —- —      ——-  ———        ——


In addition, the Fund reports that the appointment of PricewaterhouseCoopers LLP as the Fund’s auditors for the 2016 fiscal year was passed by a majority of the votes represented at the Meeting.

About SIR Corp.

SIR is a privately held Canadian corporation that owns and operates a portfolio of 59 restaurants and one seasonal retail outlet in Canada. SIR’s Concept brands include: Jack Astor’s Bar and Grill®, with 40 locations; Scaddabush Italian Kitchen & Bar®, together with Alice Fazooli’s®, for a total of five locations; and Canyon Creek®, with eight locations..  SIR also operates one-of-a-kind “Signature” brands in downtown Toronto, including 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 57 restaurants currently included in the Royalty Pool. SIR also owns and operates Duke’s Refresher® & Bar in downtown Toronto, one seasonal Signature restaurant, Abbey’s Bake House®, and one seasonal retail outlet, which are not currently part of the Royalty Pool. For more information on SIR Corp. or the SIR Royalty Income Fund, please visit http://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

SIR Royalty Income Fund

CONTACT: please contact: Peter Fowler, CEO, SIR Corp., Tel: 905-681-2997; Bruce Wigle, Bay Street Communications, Tel: 647-496-7856

Web Site: http://www.sircorp.com


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Posted on May 26, 2016 - 09:57 PM • Print