LIF.TO · 2024-12-13 12:00:00

Cash Dividend FOR the Fourth Quarter of 2024 - $0.75 PER Common Share

Corporate Actions

CASH DIVIDEND FOR THE FOURTH

QUARTER OF 2024 - $0.75 PER COMMON

TORONTO

Dec. 13, 2024

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

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

$0.75

per Common Share.

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

December 31, 2024

and is

to be paid on

January 29, 2025

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 on all iron ore

products produced, sold and shipped by IOC and a

10 cent

per tonne commission on all iron ore

products produced and sold by IOC.

SOURCE

Labrador Iron Ore Royalty Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/December2024/13/c5641.html

%SEDAR: 00030172E

For further information:

For further information, please contact: John F. Tuer, President & Chief

Executive Officer, (416) 362-0066, E-mail- [email protected]

CO: Labrador Iron Ore Royalty Corporation

CNW 16:30e 13-DEC-24