A&W Revenue Royalties Income Fund Announces October 2021 Cash Distribution
VANCOUVER, BC , October 5, 2021 /CNW/ - A&W Revenue Royalties Income Fund (the Fund) (TSX: AW.UN) today declared a cash distribution of $0.150 cents per trust unit for the period September 1 to September 30, 2021. The distribution will be paid to unitholders of record at the close of business October 15, 2021 and will be payable on October 29, 2021. This distribution will be taxed as a non-eligible dividend, as the source of funds to pay the distribution is a dividend from A&W Trade Marks Inc. ("Trade Marks").
A&W Food Services of Canada Inc. ("Food Services") will also receive a similar dividend from Trade Marks on its investment in Trade Marks.
Launched on February 15, 2002, the Fund, through its investment in Trade Marks, is entitled to receive royalties from Food Services in the amount of 3% of the sales of the 994 A&W restaurants in the Royalty Pool. Cash distributions are paid monthly. A&W is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family®, Chubby Chicken® and A&W Root Beer®.
O2Gold Inc. (NEX: OTGO.H) ("O2Gold" or the "Company") is pleased to announce that it has entered into a share exchange agreement dated March 21, 2024 (the "Agreement") with Quebec Aur Ltd., a private Ontario corporation, (the "Target") and its...
Hanmi Pharmaceutical (KOSPI: 128940, CEO: Jae-Hyun Park), a leading biopharma company in Korea that focuses on research areas such as oncology, obesity/metabolism, and rare diseases, announced it has entered into a Clinical Trial Collaboration and...
Nium, the global leader in real-time cross-border payments, today announced the expansion of its partnership with Thredd, a leading global payments processor, to issue virtual cards in the Asia Pacific (APAC) region.
Nium's virtual card solution...
Mirasol Resources Ltd. (the "Company" or "Mirasol") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement. The Company issued 3,887,552 Units (the "Units") at a price of $0.60 per Unit...
Faircourt Asset Management Inc., as Manager of the Faircourt Fund (NEO:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund. Faircourt Funds Trading Symbol Distribution Amount (per...
On May 1, 2023, Cortina Partners acquired a majority stake in Blacksford RV Rentals, a premium RV rental company with offices in Bozeman, MT, and Las Vegas, NV, and beginning October 1, Phoenix, AZ. Cortina Partners, which owns and operates companies...
