TORONTO, April 18, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announced that it has been advised that the USW Local 5795/6731 in Labrador City rejected the latest offer proposed by Iron Ore Company of Canada and USW negotiations teams. As noted in the previous press release, the strike at IOC is expected to adversely affect the revenue of LIORC [...]
TORONTO, April 2, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announced that it has been advised that the USW Local 9344 has rejected IOC's offer and voted in favour of a strike. Given statutory delays, Local 9344 will not have the right to actually strike before April 10 at the earliest. IOC is having ongoing discussions with the union regarding [...]
TORONTO, March 27, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announced that it has been advised that in the evening of Monday, March 26, the USW Locals 5795 and 6731 voted on Iron Ore Company of Canada's final offer presented on Friday, March 23. IOC's offer was rejected and USW employees voted in favour of a strike. LIORC understands that IOC [...]
TORONTO, March 8, 2018 /CNW/ - The Directors of Labrador Iron Ore Royalty Corp. declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.10 per Common Share for total dividends of $0.35 per Common Share. All amounts are payable to holders of record at the close of business on [...]
Labrador Iron Ore Royalty is pleased to announce the appointment of John Tuer as a Director of the Corporation. The opportunity to add John to the Board was created by increasing the number of Directors from seven to eight. John is an experienced investment banker and lawyer. He has over 20 years experience in the securities industry and is highly [...]
TORONTO, Dec. 14, 2017 /CNW/ - The Directors of Labrador Iron Ore Royalty Corp. declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.30 per Common Share for total dividends of $0.55 per Common Share. All amounts are payable to holders of record at the close of business on [...]
TORONTO, Nov. 6, 2017 /CNW/ - Labrador Iron Ore Royalty Corp. ("LIORC", TSX: LIF) announced today its operation and cash flow results for the third quarter ended September 30, 2017. Royalty revenue for the third quarter of 2017 amounted to $39.8 million as compared to $27.9 million for the third quarter of 2016. LIORC received a dividend from Iron [...]
The Directors of Labrador Iron Ore Royalty declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.75 per Common Share for total dividends of $1.00 per Common Share. All amounts are payable to holders of record at the close of business on September 30, 2017 and to be paid on [...]
Labrador Iron Ore Royalty Corp. announced that Iron Ore Company of Canada (IOC) has declared a dividend payable on September 14, 2017. The Corporation's portion is U.S. $26,400,000 or about CDN. $33.0 million (CDN. $0.51 per share). SOURCE Labrador Iron Ore Royalty Corp. Contact William H. McNeil, President & Chief Executive Officer, (416) 863-7133
TORONTO, Aug. 2, 2017 /CNW/ - Labrador Iron Ore Royalty Corp. ("LIORC", TSX: LIF) announced today its operation and cash flow results for the second quarter ended June 30, 2017. Royalty revenue for the second quarter of 2017 amounted to $33.8 million as compared to $25.3 million for the second quarter of 2016. The shareholders' cash flow from [...]
The Directors of Labrador Iron Ore Royalty 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 June 30, 2017 and to be paid on July [...]