20:22:45 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Labrador Iron Ore Royalty Corp
Symbol LIF
Shares Issued 64,000,000
Close 2020-11-26 C$ 24.82
Market Cap C$ 1,588,480,000
Recent Sedar Documents

Labrador Iron Ore to receive $88M Iron Ore Co. dividend

2020-11-26 18:00 ET - News Release

Mr. John Tuer reports

IRON ORE COMPANY OF CANADA DIVIDEND

Iron Ore Company of Canada (IOC) has declared a dividend payable on Dec. 17, 2020. Labrador Iron Ore Royalty Corp.'s portion is $67.95-million (U.S.) or about $88.3-million (Canadian).

About Labrador Iron Ore Royalty Corp.

The corporation holds a 15.10-per-cent equity interest in IOC directly and through its wholly owned subsidiary, Hollinger-Hanna Ltd., and receives a 7-per-cent gross overriding royalty and a 10-cent per-tonne commission on all iron ore products produced, sold and shipped by IOC.

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