Iron Ore Company of Canada Dividend

February 27, 2014

TORONTO, Feb. 27, 2014 /CNW/ - Labrador Iron Ore Royalty Corporation (the "Corporation") announced that Iron Ore Company of Canada (IOC) has declared a dividend payable on March 11, 2014. The Corporation's portion is U.S. $11,325,000 or about CDN. $12.6 million (CDN. $0.20 per share).

Results for the year ended December 31, 2013 are expected to be released on March 3, 2014.