Labrador Iron Ore Royalty Corporation - Cash Dividends for the First Quarter of 2017 - $0.50 per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.25

TORONTO, March 2, 2017 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.25 per Common Share for total dividends of $0.50 per Common Share. All amounts are payable to holders of record at the close of business on March 31, 2017 and to be paid on April 25, 2017.

SOURCE Labrador Iron Ore Royalty Corporation

For further information: William H. McNeil, President & Chief Executive Officer, (416) 863-7133, E-mail- investor.relations@labradorironore.com

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