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Labrador Iron Ore Royalty Corp TSX: LIF-T

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Cash Dividend for the First Quarter of 2021 - $1.00 Per Common Share

CNW Group - Thu Mar 4, 5:08PM CST

Cash Dividend for the First Quarter of 2021 - $1.00 Per Common Share

Canada NewsWire

TORONTO , March 4, 2021 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX:LIF.TO) 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 March 31, 2021 and is to be paid on April 26, 2021 .

Iron Ore Company of Canada Dividend

The Corporation announced that Iron Ore Company of Canada (IOC) has declared a dividend payable on March 25 , 2021.  The Corporation's portion is U.S. $15,100,000 or about CDN $19.1 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

Cision View original content: http://www.newswire.ca/en/releases/archive/March2021/04/c4690.html

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