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Press release from CNW Group

Labrador Iron Ore Royalty Corporation - Cash Dividend for the First Quarter of 2013 - $0.375 per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.125

Friday, March 01, 2013

Labrador Iron Ore Royalty Corporation - Cash Dividend for the First Quarter of 2013 - $0.375 per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.12516:41 EST Friday, March 01, 2013TORONTO, March 1, 2013 /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 March 31, 2013 and to be paid on April 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