Iron Ore Company of Canada Dividend

March 3, 2011

TORONTO, March 3 /CNW/ - Labrador Iron Ore Royalty Corporation (the "Corporation") announced that Iron Ore Company of Canada (IOC) has declared a dividend payable on April 13, 2011.  The Corporation's portion is U.S. $30,200,000 or about CDN. $29.4 million (CDN. $0.92 per unit). 

Bruce C. Bone
President & Chief Executive Officer
(416) 863-7133

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