TORONTO, June 12, 2012 /CNW/ - The Directors of Labrador Iron Ore
Royalty Corporation declared today a regular quarterly cash
distribution of $0.25 per Stapled Unit, comprising a $0.117 interest
payment on subordinated notes and a $0.133 common share dividend. The
Directors also declared a special dividend of $0.125 per common share
for a total distribution of $0.375 per Stapled Unit. All amounts are
payable to holders of record at the close of business on June 30, 2012
and to be paid on July 25, 2012.