Iron Ore Company of Canada Dividend on December 17, 2020
26.11.2020 | CNW
TORONTO, Nov. 26, 2020 - Labrador Iron Ore Royalty Corp. (the "Corporation") announced that Iron Ore Company of Canada ("IOC") has declared a dividend payable on December 17, 2020. The Corporation's portion is U.S. $67,950,000 or about CDN. $88.3 million.
About Labrador Iron Ore Royalty Corporation
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 Corp.
Contact
John F. Tuer, President & Chief Executive Officer, (416) 362-0066, E-mail- investor.relations@labradorironore.com