LABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE FIRST QUARTER OF 2023 - $0.50 PER COMMON SHARE

 The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.50 per Common Share. The dividend is payable to holders of record at the close of business on March 31, 2023 and is to be paid on April 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: https://www.newswire.ca/en/releases/archive/March2023/07/c1752.html

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