Labrador Iron Ore Royalty Company (“Company” or “We”) respects your privacy and is committed to protecting it by complying with this policy.

This policy describes:

• How we collect, use, disclose, and protect the personal information of our website users ("you").
• Describes the types of information we may collect from you or that you may provide when you visit the website www.labradorironore.com.
• Our practices for collecting, using, maintaining, protecting, and disclosing that information.

Privacy laws in Canada generally define "personal information" as any information about an identifiable individual, which includes information that can be used on its own or with other information to identify, contact, or locate a single person. Personal information does not include business contact information, including your name, title, or business contact information.

This policy applies to information we collect, use, or disclose about you:

• On this website.
• In email, text, and other electronic messages between you and this website.

By accessing or using this website, you indicate that you understand, accept, and consent to the practices described in this policy. This policy may change from time to time. Your continued use of this website after we make changes indicates that you accept and consent to those changes, so please check the policy periodically for updates. We will notify you in advance of any material changes to this policy and obtain your consent to any new ways that we collect, use, and disclose your personal information.

INFORMATION WE COLLECT ABOUT YOU

We collect and use several types of information from and about you, including:

• Personal information, that we can reasonably use to directly or indirectly identify you, such as your name, mailing address, e-mail address, telephone number, Internet protocol (IP) address used to connect your computer to the Internet, and any other identifier we may use to contact you ("personal information"). We provide an opportunity for any user to unsubscribe from our mailing list on an ongoing basis by using the unsubscribe mechanism at the bottom of our e-mails.
• Non-personal information, that does not directly or indirectly reveal your identity or directly relate to an identifiable individual, such as demographic information, or statistical or aggregated information. Statistical or aggregated data does not directly identify a specific person, but we may derive non-personal statistical or aggregated data from personal information. For example, we may aggregate personal information to calculate the percentage of users accessing a specific website feature.
• Technical information, including your browser type and version, time zone setting, browser plug-in types and versions, operating system and platform, or information about your internet connection, the equipment you use to access our website, and usage details.
• Non-personal details about your website interactions, including the full Uniform Resource Locators (URLs), clickstream to, through and from our Website (including date and time), page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), or methods used to browse away from the page.

HOW WE COLLECT INFORMATION ABOUT YOU

We use different methods to collect your information, including through:

• Direct interactions with you when you provide it to us, for example, by corresponding with us by phone, email, or otherwise.
• Automated technologies or interactions, as you navigate through our website. Information collected automatically may include usage details, IP addresses, and information collected through cookies (See below for more information about cookies).

Information we Collect Through Cookies 

As you navigate through and interact with our website, we may use cookies to collect certain information about your equipment, browsing actions, and patterns, including:

• Details of your visits to our Website, including traffic data, location data, logs, and other communication data and the resources that you access and use on the Website.
• Information about your computer and internet connection, including your IP address, operating system, and browser type.

A cookie is a small file placed on the hard drive of your computer. You may refuse to accept browser cookies by activating the appropriate setting on your browser. However, if you select this setting you may be unable to access certain parts of our Website. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies when you direct your browser to our Website.

The information we collect automatically is statistical information and does not include personal information. This information will not be shared with third parties. It helps us to improve our website and to deliver a better and more personalized service, including by enabling us to:

• Estimate our audience size and usage patterns.
• Recognize you when you return to our Website.

HOW WE USE YOUR INFORMATION

We use information that we collect about you or that you provide to us, including any personal information:

• To present our website and its contents to you.
• To provide you with information, products, or services that you request from us.
• To fulfill the purposes for which you provided the information or that were described when it was collected, or any other purpose for which you provide it.
• To improve our Website, products or services, marketing, or customer relationships and experiences.
• In any other way we may describe when you provide the information.
• For any other purpose with your consent.

We may also use your information to contact you about our business, as permitted by law. On the  website, there is an option to subscribe to receive news releases or other information concerning Labrador Iron Ore Royalty Corporation.  By providing an e-mail address on this form, users are consenting to receive this information.  Users may withdraw their consent at any time. The Company requests the users' name and email address on this form. Personal information that is collected through the subscribe form on the website may be shared with our external service providers who assist with dissemination services and functions. 

TRANSFERRING YOUR PERSONAL INFORMATION

Personal information that is collected through this website may be stored and processed in any country where Labrador Iron Ore Royalty Corporation or its external service providers operate. 

DATA SECURITY AND DISCLOSURE:

The Company takes all reasonable steps to protect the security of information (including personal information) that is provided by or exchanged with users through this website. The Company's security measures include using firewalls, intrusion detection systems and virus scanning tools to protect against unauthorized persons and viruses from accessing the information that users provide to the Company, and the Company to users. Please be aware that there are inherent risks in transmitting information by use of the Internet and other online or electronic transmission systems, as complete confidentiality and security is not possible over the Internet, and the Company cannot guarantee the security of information transmitted in this way.  We assume no liability for any damages a user may suffer as a result of interception, alteration or misuse of information that is transmitted or collected over the Internet. Users of Labrador Iron Ore Royalty Corporation's website transmit or provide such information at their own risk.

We may disclose personal information that we collect or you provide as described in this privacy policy:

• To our subsidiaries and affiliates.
• To contractors, service providers, and other third parties we use to support our business (such as analytics and search engine providers that assist us with website improvement and optimization) and who are contractually obligated to keep personal information confidential, use it only for the purposes for which we disclose it to them, and to process the personal information with the same standards set out in this policy.
• To fulfill the purpose for which you provide it. 
• For any other purpose disclosed by us when you provide the information.
• With your consent.

We will also disclose and provide access to certain users' personal information when legally required to do so for the purpose of cooperating with police investigations or other legal proceedings, to protect against misuse or unauthorized use of the Company's website, to limit the Company's legal liability and to protect the Company's rights or to protect the rights, property or safety of users of this website or the general public.

Labrador Iron Ore Royalty Corporation may also sell, transfer or otherwise disclose user information, including users' personal information, in connection with a corporate merger, consolidation, the sale of substantially all assets, or other fundamental corporate change.

DATA RETENTION

Except as otherwise permitted or required by applicable law or regulation, we will only retain your personal information for as long as necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements. Under some circumstances we may anonymize your personal information so that it can no longer be associated with you. We reserve the right to use such anonymous and de-identified data for any legitimate business purpose without further notice to you or your consent.

CHILDREN UNDER THE AGE OF 13

Labrador Iron Ore Royalty Corporation's website, external service providers and linked third party sites are not for use by children under the age of 13 years and the Company does not knowingly collect, store, share or use the personal information of children under 13 years of age. If users are under the age of 13 years, they are not permitted to provide any personal information, even if prompted by the sites to do so. If users are under the age of 13 years and have provided personal information, they are required to have their parent(s) or guardian(s) notify the Company to delete all such personal information.

ACCESSING AND CORRECTING YOUR PERSONAL INFORMATION

It is important that the personal information we hold about you is accurate and current. Please keep us informed if your personal information changes. By law you have the right to request access to and to correct the personal information that we hold about you.

If you want to review, verify, correct, or withdraw consent to the use of your personal information you may also send us an email at investor.relations@labradorironore.com to request access to, correct, or delete any personal information that you have provided to us. We may not accommodate a request to change information if we believe the change would violate any law or legal requirement or cause the information to be incorrect.

We may request specific information from you to help us confirm your identity and your right to access, and to provide you with the personal information that we hold about you or make your requested changes. Applicable law may allow or require us to refuse to provide you with access to some or all of the personal information that we hold about you, or we may have destroyed, erased, or made your personal information anonymous in accordance with our record retention obligations and practices. If we cannot provide you with access to your personal information, we will inform you of the reasons why, subject to any legal or regulatory restrictions.

WITHDRAWING YOUR CONSENT

Where you have provided your consent to the collection, use, and transfer of your personal information, you may have the legal right to withdraw your consent under certain circumstances. To withdraw your consent, if applicable, contact us at:  

Investor Relations
Labrador Iron Ore Royalty Corporation
PO Box 957
Toronto, Ontario, Canada
M5C 2K3.
Email: investor.relations@labradorironore.com
Tel: (416) 362-0066 

CONTACT INFORMATION AND CHALLENGING COMPLIANCE

If you have concerns relating to the privacy or confidentiality of this website, please contact the Investor Relations team using the contact information provided above.

We have procedures in place to receive and respond to complaints or inquiries about our handling of personal information, our compliance with this policy, and with applicable privacy laws. To discuss our compliance with this policy please contact us using the contact information listed above.