Press Release: CASH DIVIDEND FOR THE FOURTH QUARTER OF 2024 - $0.75 PER COMMON SHARE

Dow Jones12-14

CASH DIVIDEND FOR THE FOURTH QUARTER OF 2024 - $0.75 PER COMMON SHARE

Canada NewsWire

TORONTO, Dec. 13, 2024

TORONTO, Dec. 13, 2024 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.75 per Common Share. The dividend is payable to holders of record at the close of business on December 31, 2024 and is to be paid on January 29, 2025.

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 on all iron ore products produced, sold and shipped by IOC and a 10 cent per tonne commission on all iron ore products produced and sold by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/13/c5641.html

/CONTACT:

For further information, please contact: John F. Tuer, President & Chief Executive Officer, (416) 362-0066, E-mail- investor.relations@labradorironore.com

Copyright CNW Group 2024

(END) Dow Jones Newswires

December 13, 2024 16:30 ET (21:30 GMT)

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