Cash Dividend for the Second Quarter of 2021

Cash Dividend for the Second Quarter of 2021

- $1.75 Per Common Share

TORONTO

,

June 15, 2021

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

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

$1.75

per Common Share.

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

June 30, 2021

and is to be

paid on

July 26, 2021

.

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/June2021/15/c9511.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 17:30e 15-JUN-21