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SIR Royalty Income Fund

11:42 AM EST - SIR Royalty Income Fund : Today reported its financial results for the three-month period ended September 30, 2018. Net earnings for the Fund were $4.5 million, or $0.50 per Fund unit (diluted), for Q3 2018, compared to $2.6 million, or $0.31 per Fund unit (basic and diluted), for the three-month period ended September 30, 2017. Net earnings for Q3 2018 reflect the adoption of International Financial Reporting Standard 9, which resulted in an increase in net earnings of $1.7 million. Adjusted net earnings were $2.8 million, or $0.34 per Fund unit, for Q3 2018, compared to $2.6 million, or $0.31 per Fund unit, for Q3 2017. SIR Royalty Income Fund shares T.SRV.UN are trading up $0.03 at $15.79.