Labrador Iron Ore Royalty Corporation - Cash Distribution for the Third Quarter Of 2012 - $0.375 Per Stapled Unit Comprised of a Regular Distribution of $0.25 and a Special Dividend of $0.125

TORONTO, Sept. 13, 2012 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation declared today a regular quarterly cash distribution of $0.25 per Stapled Unit, comprising a $0.117 interest payment on subordinated notes and a $0.133 common share dividend. The Directors also declared a special dividend of $0.125 per common share for a total distribution of $0.375 per Stapled Unit. All amounts are payable to holders of record at the close of business on September 30, 2012 and to be paid on October 25, 2012.

SOURCE: Labrador Iron Ore Royalty Corporation

For further information:

Bruce C. Bone
President & Chief Executive Officer
(416) 863-7133
E-mail- investor.relations@labradorironore.com


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