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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Comment by Hunguson Sep 28, 2021 10:39am

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Post# 33930253

RE:RE:RE:RE:RE:Confused on ex div date.

Not so! Not so! Today, Sept 28th is the ex-div day, because of the new half-assed liberal govt holiday.

What makes it confusing for most people is that the stock markets don't have the holiday, but the banks that are involved in the settlement process do - so, in effect, it takes an extra day to it... So instead of a 2 day settlement, it is a 3 day settlement process for this date.

https://www.tsx.com/resource/en/2677
https://www.tsx.com/resource/en/2428

But what really bogles my mind is why in the world do Canadians keep voting for them.

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