TORONTO , Dec. 14, 2023 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on December 29, 2023 and is to be paid on January 26, 2024 .

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

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