TORONTO, May 30, 2018 /CNW/ - The Iron Ore Company of Canada announced yesterday that the USW Local 9344 in Sept-Îles voted to accept the offer presented by IOC and the union representatives. Media Statement Iron Ore Company of Canada – Agreement Reached in Sept-Iles 29 May, 2018 IOC is pleased to advise that the members of the USW local [...]
TORONTO, May 29, 2018 /CNW/ - The Iron Ore Company of Canada announced today that the USW Locals 5795 and 6731 in Labrador City have voted to accept the offer presented by IOC and union representatives. Voting by USW Local 9344 in Sept-Îles will take place on Monday and Tuesday, May 28 and 29, 2018. Iron Ore Company of Canada – Agreement [...]
TORONTO, May 16, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announced the results of the votes at its annual and special meeting of holders of common shares held today in Toronto. Election of Directors All of the nominee directors listed in LIORC's management information circular dated April 19, 2018 were elected as directors of LIORC. The vote [...]
TORONTO, May 7, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the first quarter ended March 31, 2018. Royalty revenue for the first quarter of 2018 amounted to $33.8 million as compared to $42.8 million for the first quarter of 2017. Equity earnings from Iron Ore Company of Canada amounted to [...]
TORONTO, May 2, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. reported today that its shareholder rights plan agreement dated April 18, 2018 has been amended to provide a grandfathering provision to prevent inadvertent triggering of the Rights Plan upon adoption, to define "controlled" in terms of voting securities, and to provide more detailed [...]
TORONTO, April 18, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announces that its Board of Directors has adopted a shareholder rights plan . The Rights Plan is similar to shareholder rights plans adopted by other Canadian public companies and LIORC believes it is consistent with certain published institutional investor guidelines. The Rights Plan [...]
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 [...]