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 LIORC has changed significantly over the course of his tenure, both as relates [...]
Labrador Iron Ore Royalty Corp. announced the results of its operations for the year ended December 31, 2018. To the Holders of Common Shares of Labrador Iron Ore Royalty Corp. 81 Years in Labrador West Labrador Iron Ore Royalty Corp. has been involved in Labrador West for 81 years. Under a Statutory Agreement with Newfoundland made in 1938, a predecessor company, Labrador Mining and Exploration Limited, was granted [...]
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 April 25, 2019. Iron Ore Company of Canada Dividend The Corporation [...]
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 Corporation on June 18, 2018 to, among other things, amend the articles 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 $0.35 per Common Share for total dividends of $0.60 per Common Share. All amounts are payable to holders of record at the close of business on December 31, 2018 and to be paid on January 25, 2019 Iron Ore Company of Canada Dividend The Corporation [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the third quarter ended September 30, 2018. Royalty revenue for the third quarter of 2018 amounted to $44.0 million as compared to $39.8 million for the third quarter of 2017. LIORC received a dividend from Iron Ore Company of Canada in the third quarter of 2018 in the amount of $58.6 million or $0.92 per share as compared to $32.2 [...]
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 $0.30 per Common Share for total dividends of $0.55 per Common Share. All amounts are payable to holders of record at the close of business on September 30, 2018 and to be paid on October 25, 2018. Iron Ore Company of Canada Dividend The Corporation [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the second quarter ended June 30, 2018. Royalty revenue for the second quarter of 2018 amounted to $5.1 million as compared to $33.8 million for the second quarter of 2017. Equity earnings from the Iron Ore Company of Canada amounted to million or per share as compared to $14.3 million or $0.22 per share in 2017. Net income was million [...]
TORONTO, June 19, 2018 /CNW/ - The Directors of Labrador Iron Ore Royalty Corp. declared on June 18, 2018 a regular quarterly cash dividend of $0.25 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2018 and to be paid on July 25, 2018. SOURCE Labrador Iron Ore Royalty Corp. Contact William H. McNeil, President & Chief Executive Officer, 863-7133, E-mail [...]
TORONTO, June 18, 2018 /CNW/ - Labrador Iron Ore Royalty Corp. announced today that its Board of Directors has determined to call a special meeting of shareholders, expected to be held in September, 2018, to seek approval of an amendment to LIORC's articles of incorporation to provide LIORC with the flexibility to invest in additional non-operating metal or mineral assets, including royalties and streams, and issue shares [...]
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 9344 in Sept Iles have concluded voting today and have accepted the latest [...]
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 Reached in Labrador City 28 May, 2018 IOC is pleased to advise that the USW [...]
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