LIF.TO · 2018-12-14 12:00:00

Cash dividends for the fourth quarter of 2018 - $0.60 per Common Share comprised of a regular dividend of $0.25 and a special dividend of $0.35

Corporate Actions

Cash dividends for the fourth quarter of 2018 -

$0.60 per Common Share comprised of a

regular dividend of $0.25 and a special

dividend of $0.35

TORONTO

Dec. 14, 2018

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

"Corporation") declared today a regular quarterly cash dividend of

$0.25

per Common Share. The

Directors also declared a special dividend of

$0.35

per Common Share for total dividends of

$0.60

per Common Share. All amounts are payable to holders of record at the close of business on

December 31, 2018

and to be paid on

January 25, 2019

Iron Ore Company of Canada Dividend

The Corporation announced that Iron Ore Company of

Canada

declared and paid a dividend on

December 13

, 2018. The Corporation's portion is U.S.

$18,875,000

or about CDN.

$25 million

(CDN.

$0.40

per share).

SOURCE

Labrador Iron Ore Royalty Corporation

View original content:

http://www.newswire.ca/en/releases/archive/December2018/14/c1671.html

%SEDAR: 00030172E

For further information:

William H. McNeil, President & Chief Executive Officer, (416) 863-7133,

CO: Labrador Iron Ore Royalty Corporation

CNW 17:17e 14-DEC-18