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Labrador Iron Ore Royalty Corporation - Iron Ore Company of Canada Dividend

Corporate Actions

Labrador Iron Ore Royalty Corporation - Iron Ore Company of Canada Dividend

TORONTO

,

Feb. 23, 2017

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

Canada

(IOC) has declared a

dividend payable on

March 1

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

$7,550,000

or about CDN.

$9.9 million

(CDN.

$0.15

per share).

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/February2017/23/c7791.html

%SEDAR: 00030172E

For further information:

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

CO: Labrador Iron Ore Royalty Corporation

CNW 16:43e 23-FEB-17