International Royalty declares dividend



    AMEX:  ROY
    TSX:IRC

    DENVER, CO, March 6 /CNW Telbec/ - International Royalty Corporation
(AMEX:   ROY, TSX: IRC) is pleased to report that its Board of Directors
declared a dividend on February 29, 2008 of US$0.015 per share. The dividend
is payable to shareholders of record on March 14, 2008 and will be paid on or
about March 31, 2008.

    International Royalty Corporation
    ---------------------------------

    International Royalty Corporation (IRC) is a global mineral royalty
company. IRC holds over 75 royalties including an effective 2.7% NSR on the
Voisey's Bay mine, a sliding-scale NSR on the Pascua gold project, and a 1.5%
NSR on more than 3.0 million acres of gold lands in Western Australia. IRC is
senior listed on the Toronto Stock Exchange (TSX: IRC) as well as the American
Stock Exchange (AMEX:   ROY).

    On behalf of the Board of Directors,
    INTERNATIONAL ROYALTY CORPORATION

    Douglas B. Silver
    Chairman and CEO




For further information:

For further information: Jack Perkins, Director of Investor Relations:
(303) 991-9500; Douglas B. Silver, Chairman and CEO: (303) 799-9020,
info@internationalroyalty.com, www.internationalroyalty.com; Renmark Financial
Communications Inc.: Barbara Komorowski: bkomorowski@ renmarkfinancial.com;
Melanie Lecavalier: mlecavalier@ renmarkfinancial.com, (514) 939-3989, Fax:
(514) 939-3717, www.renmarkfinancial.com

Organization Profile

INTERNATIONAL ROYALTY CORPORATION

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