Cash Dividend FOR the First Quarter of 2022 - $0.50 PER Common Share

CASH DIVIDEND FOR THE FIRST QUARTER

OF 2022 - $0.50 PER COMMON SHARE

TORONTO

,

March 11, 2022

/CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the

"Corporation") (TSX: LIF) declared today a quarterly cash dividend of

$0.50

per Common Share.

The dividend is payable to holders of record at the close of business on

March 31, 2022

and is to be

paid on

April 26, 2022

.

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 Corporation

View original content:

http://www.newswire.ca/en/releases/archive/March2022/11/c0665.html

%SEDAR: 00030172E

For further information:

John F. Tuer, President & Chief Executive Officer, (416) 362-0066, E-

mail- [email protected]

CO: Labrador Iron Ore Royalty Corporation

CNW 18:05e 11-MAR-22