Labrador Iron Ore Royalty Corp. announced that Iron Ore Company of Canada has declared a dividend payable on December 19, 2019. The Corporation's portion is U.S. $33,975,000 or about CDN. $45.0 million. About Labrador Iron Ore Royalty Corporation. The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the third quarter ended September 30, 2019. Royalty revenue for the third quarter of 2019 amounted to $45.5 million, as compared to $44.0 million for the third quarter of 2018. Equity earnings from IOC amounted to $32.0 million or $0.50 per share in the third [...]
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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 $0.75 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, 2019 and to be [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the second quarter ended June 30, 2019. Royalty revenue for the second quarter of 2019 amounted to $52.6 million as compared to $5.1 million for the second quarter of 2018. Equity earnings from IOC amounted to $33.9 million or $0.53 per share in the second [...]
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 $0.65 per Common Share for total dividends of $0.90 per Common Share. All amounts are payable to holders of record at the close of business on June 30, 2019 and to be paid on [...]
Labrador Iron Ore Royalty Corp. announced the results of the election of directors at its annual meeting of holders of common shares held today in Toronto. The following nominee directors listed in LIORC's management information circular dated April 17, 2019 were elected as directors of LIORC. The vote was conducted by a show of hands. The number [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the first quarter ended March 31, 2019. Royalty revenue for the first quarter of 2019 amounted to $38.5 million as compared to $33.8 million for the first quarter of 2018. Equity earnings from Iron Ore Company of Canada amounted to $22.4 million or $0.35 per [...]
Labrador Iron Ore Royalty Corp. today announced senior management changes. William H. McNeil is stepping down as President and CEO of LIORC and John F. Tuer has been appointed the new President and CEO. Mr. McNeil has expressed a desire to reduce his workload and transition out of his present position. He observed that the role of the CEO of [...]
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 $0.80 per Common Share for total dividends of $1.05 per Common Share. All amounts are payable to holders of record at the close of business on March 31, 2019 and to be paid on [...]
In response to certain questions raised by shareholders, the directors of Labrador Iron Ore Royalty Corp. wish to indicate that they have no intention of calling a special meeting on or before the upcoming AGM nor is a further special meeting currently contemplated. The intention to call a special meeting was announced by the directors of the [...]