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Labrador Iron Ore Royalty Corporation - Cash Dividends for the First Quarter of 2017 - $0.50 per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.25

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Labrador Iron Ore Royalty Corporation - Cash Dividends for the First Quarter of 2017 - $0.50 per Common Share Comprised

of a Regular Dividend of $0.25 and a Special Dividend of $0.25

TORONTO

,

March 2, 2017

/CNW/ - The Directors of Labrador Iron Ore Royalty Corporation declared today a regular quarterly cash dividend of

$0.25

per Common

Share

.

The Directors also declared a special dividend of

$0.25

per Common Share for total dividends of

$0.50

per Common Share. All amounts are payable to

holders of record at the close of business on

March 31, 2017

and to be paid on

April 25, 2017

.

SOURCE

Labrador Iron Ore Royalty Corporation

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2017/02/c6395.html

%SEDAR: 00030172E

For further information:

William H. McNeil, President & Chief Executive Officer, (416) 863-7133, E-mail- [email protected]

CO: Labrador Iron Ore Royalty Corporation

CNW 17:00e 02-MAR-17