Iron Ore Company of Canada Dividend

TORONTO, May 15, 2014 /CNW/ - Labrador Iron Ore Royalty Corporation (the "Corporation") announced that Iron Ore Company of Canada (IOC) has declared a dividend payable on June 3, 2014.  The Corporation's portion is U.S. $13,590,000 or about CDN. $14.8 million (CDN. $0.23 per share).

SOURCE: Labrador Iron Ore Royalty Corporation

Bruce C. Bone

President & Chief Executive Officer

[phone]