Iron Ore Company of Canada Dividend

Labrador Iron Ore Royalty Corporation (the "Corporation") announced that Iron Ore Company of Canada ("IOC") has declared a dividend payable on December 23, 2021. The Corporation's portion is U.S. $37,750,000 or about CDN. $47.9 million.

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

View original content: https://www.newswire.ca/en/releases/archive/November2021/23/c6694.html

News Provided by Canada Newswire via QuoteMedia

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Labrador Iron Ore Royalty Corporation

Labrador Iron Ore Royalty Corporation

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