Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s): LIFZF

Steel Steel

Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.

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Labrador Iron Ore Royalty Corp > Confused on ex div date.

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Post by Dadsaid2on Sep 28, 2021 3:30am

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Confused on ex div date.

I couldnt resist and bought last week at 38 so lm not worried. Since the stock rallied to over 40 l decided not to sell but to hold it and collect the div. TD & Stockhouse show ex div date of Sept 28 but record date is the 30th so lm confused. Does this stock take an extra day to settle. If it is the 28th price will open 2.10 lower than 27th close or 38.19. Can anyone clarify why ex div date shows the 28th? Thx & GLTA

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