The Keg Royalties Income Fund announces August 2017 cash distribution
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 10, 2017) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its August 2017 distribution of $0.0918 per unit has been declared and is payable to unitholders of record as at August 21, 2017. The August 2017 distribution will be paid on August 31, 2017.
The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership (the "Partnership"), a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. ("KRL"). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool.
With approximately 8,600 employees, over 100 restaurants and system sales of approximately $600 million, Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. KRL has been named one of the "50 Best Employers in Canada" by Aon Hewitt for the past fifteen years.
Mobvista (1860.HK), a leading global marketing and advertising technology company, has today released its financial results for the first quarter ended March 31, 2024.
During the period, Mobvista achieved revenue of $ 301.5M, marking a year-on-year...
Modern Métis Woman (MMW) is excited to announce Nevada Lynn as one of the exceptional recipients of its 2023-2024 scholarship. Ms. Lynn, a member of the Métis Nation British Columbia (MNBC) and a Visual Arts student at Emily Carr University of Art +...
Planful Inc., the pioneer of financial performance management cloud software, announced today at Perform24, the company's annual user conference, that over 20 new members were welcomed into the Planful Champions Club. At the event, the company also...
Pomerantz LLP announces that a class action lawsuit has been filed against Exscientia p.l.c. ("Exscientia" or the "Company") and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and...
Believe?one of the world's leading digital music companies?and TuneCore, the leading independent development partner for self-releasing artists, have announced the launch of the second Inclusion in the Music Business report in partnership with Dr....
In a move that marks a significant milestone for Lineweaver Wealth Advisors, the company has announced Scott Roulston as its newest strategic advisor. Roulston brings with him a wealth of experience and insight accumulated over three decades in the...
