Iron Ore Company of Canada Dividend
November 23 2021 - 4:46PM
PR Newswire (Canada)
TORONTO, Nov. 23, 2021 /CNW/ - Labrador Iron Ore Royalty
Corporation (the "Corporation") announced that Iron Ore Company
of Canada ("IOC") has declared a dividend payable on December
23, 2021. The Corporation's portion is
U.S. $37,750,000 or about CDN. $47.9 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
Copyright 2021 Canada NewsWire
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