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Labrador Iron Ore Royalty Corporation press release

Labrador Iron Ore Royalty Corporation - Cash Dividends for the Fourth Quarter of 2017 - $0.55 Per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.30

TSX - Toronto Stock Exchange · Iron · Canada

Canada NewsWire

TORONTO, Dec. 14, 2017

TORONTO, Dec. 14, 2017/CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") declared today a regular quarterly cash dividend of $0.25per Common Share. The Directors also declared a special dividend of $0.30per Common Share for total dividends of $0.55per Common Share. All amounts are payable to holders of record at the close of business on December 31, 2017and to be paid on January 25, 2018.

Iron Ore Company of Canada Dividend

The Corporation announced that Iron Ore Company of Canada(IOC) has declared a dividend payable on December 21, 2017. The Corporation's portion is U.S. $15,044,000or about CDN. $19.3 million(CDN. $0.30per share).

SOURCE Labrador Iron Ore Royalty Corporation

View original content: http://www.newswire.ca/en/releases/archive/December2017/14/c5941.html

William H. McNeil, President & Chief Executive Officer, (416) 863-7133, E-mail- investor.relations@labradorironore.comCopyright CNW Group 2017

Earlier from Labrador Iron Ore Royalty Corporation