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LIF.TO ·

Iron Ore Company of Canada Dividend ,

Corporate Actions

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.

SOURCE: Labrador Iron Ore Royalty Corporation

%SEDAR: 00030172E

For further information:

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

CO: Labrador Iron Ore Royalty Corporation

CNW 16:25e 27-FEB-14