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Iron Ore Company of Canada Dividend

Corporate Actions

Iron Ore Company of Canada Dividend

TORONTO

,

May 25, 2017

/CNW/ - Labrador Iron Ore Royalty Corporation (the "Corporation") announced that Iron Ore Company of

Canada

(IOC) has declared a

dividend payable on

June 7

, 2017. The Corporation's portion is U.S.

$11,325,000

or about CDN.

$15.3 million

(CDN.

$0.24

per share).

SOURCE

Labrador Iron Ore Royalty Corporation

View original content: http://www.newswire.ca/en/releases/archive/May2017/25/c5426.html

%SEDAR: 00030172E

For further information:

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

CO: Labrador Iron Ore Royalty Corporation

CNW 16:17e 25-MAY-17