Labrador Iron Ore Royalty Corporation press release

Cash dividends for the fourth quarter of 2018 - $0.60 per Common Share comprised of a regular dividend of $0.25 and a special dividend of $0.35

2018-12-14

TSX - Toronto Stock Exchange · Iron · Canada

Canada NewsWire

TORONTO, Dec. 14, 2018

TORONTO, Dec. 14, 2018/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 $0.35per Common Share for total dividends of $0.60per Common Share. All amounts are payable to holders of record at the close of business on December 31, 2018and to be paid on January 25, 2019

Iron Ore Company of Canada Dividend

The Corporation announced that Iron Ore Company of Canadadeclared and paid a dividend on December 13, 2018. The Corporation's portion is U.S. $18,875,000or about CDN. $25 million(CDN. $0.40per share).

SOURCE Labrador Iron Ore Royalty Corporation

View original content: http://www.newswire.ca/en/releases/archive/December2018/14/c1671.html

William H. McNeil, President & Chief Executive Officer, (416) 863-7133, E-mail- investor.relations@labradorironore.comCopyright CNW Group 2018