LIF.TO · 2021-09-15 12:00:00

Labrador Iron Ore Royalty Corporation - Cash Dividend for the Third Quarter of 2021 - $2.10 Per Common Share

Corporate Actions

Labrador Iron Ore Royalty Corporation - Cash

Dividend for the Third Quarter of 2021 - $2.10

Per Common Share

TORONTO

Sept. 15, 2021

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

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

$2.10

per Common Share.

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

September 30, 2021

and is

to be paid on

October 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/September2021/15/c0665.html

%SEDAR: 00030172E

For further information:

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

CO: Labrador Iron Ore Royalty Corporation

CNW 17:07e 15-SEP-21