Iron

CASH DIVIDEND FOR THE FOURTH QUARTER OF 2022 - $0.70 PER COMMON SHARE

 The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.70 per Common Share. The dividend is payable to holders of record at the close of business on December 30, 2022 and is to be paid on January 26, 2023 .

About Labrador Iron Ore Royalty Corporation

The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

Cision View original content: http://www.newswire.ca/en/releases/archive/December2022/15/c1216.html

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Iron Price Forecast: Top Trends That Will Affect Iron in 2023

Volatility reigned in the iron ore market once again in 2022, with prices rallying and falling. The base metal hit a record high of US$171 per metric ton in March, but then fell as low as US$81; it ended the year above US$100.

As the new year begins, the Investing News Network (INN) spoke to experts about the main trends in the space in 2022 and what the iron ore forecast is for 2023. Read on to learn what they had to say.

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IRON ORE COMPANY OF CANADA DIVIDEND

Labrador Iron Ore Royalty Corporation ("LIORC") announced that Iron Ore Company of Canada ("IOC"), in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in December. LIORC's portion of the IOC dividend is U.S. $11.3 million or about CDN. $15.2 million . For further clarity, this announcement refers to the declaration of an IOC dividend to be received by LIORC and is NOT the declaration by LIORC of a dividend to be paid to LIORC shareholders. LIORC typically declares a fourth quarter dividend later in December based on the total amount of cash expected to be received in the quarter, including the IOC dividend.

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LABRADOR IRON ORE ROYALTY CORPORATION - RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2022

Labrador Iron Ore Royalty Corporation ("LIORC") (TSX: LIF) announced today its operation and cash flow results for the third quarter ended September 30, 2022 .

Financial Performance

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LABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE THIRD QUARTER OF 2022 - $1.00 PER COMMON SHARE

The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $1.00 per Common Share. The dividend is payable to holders of record at the close of business on September 29, 2022 and is to be paid on October 26, 2022 .

About Labrador Iron Ore Royalty Corporation

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IRON ORE COMPANY OF CANADA DIVIDEND

Labrador Iron Ore Royalty Corporation ("LIORC") announced that Iron Ore Company of Canada ("IOC"), in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in September.  LIORC's portion of the IOC dividend is U.S. $25.7 million, or about CDN. $33.6 million. For further clarity, this announcement refers to the declaration of an IOC dividend to be received by LIORC and is NOT the declaration by LIORC of a dividend to be paid to LIORC shareholders. LIORC typically declares a third quarter dividend later in September based on the total amount of cash expected to be received in the quarter, including the IOC dividend.

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Types of Iron Ore: Hematite vs. Magnetite

Types of Iron Ore: Hematite vs. Magnetite

Knowing about the different types of iron ore is useful for investors interested in the space.

Iron, a key material in steel and other applications, is most often found in hematite and magnetite ores, though goethite, limonite and siderite ores are also common sources.

Below the Investing News Network has put together an overview of some basic information about hematite and magnetite ores, including what they are and where they’re found. Keep reading to learn more.

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