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Press release from CNW Group

Labrador Iron Ore Royalty Corporation - Cash dividend for the fourth quarter of 2012 - $0.375 per Common Share comprised of a regular dividend of $0.25 and a special dividend of $0.125

Wednesday, December 12, 2012

Labrador Iron Ore Royalty Corporation - Cash dividend for the fourth quarter of 2012 - $0.375 per Common Share comprised of a regular dividend of $0.25 and a special dividend of $0.12506:57 EST Wednesday, December 12, 2012TORONTO, Dec. 11, 2012 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.125 per Common Share for a total dividend of $0.375 per Common Share. All amounts are payable to holders of record at the close of business on December 31, 2012 and to be paid on January 25, 2013.SOURCE: Labrador Iron Ore Royalty CorporationFor further information: Bruce C. Bone President & Chief Executive Officer (416) 863-7133 E-mail- investor.relations@labradorironore.com