Labrador Iron Ore Royalty Corporation Announces Results of Election of Directors
Labrador Iron Ore Royalty Corporation announced the results of the election of directors at its annual and special meeting of holders of common shares held today by way of a virtual meeting. The following nominee directors listed in the Corporation’s management information circular dated April 9, 2021 were elected as directors of the Corporation. The vote was conducted by electronic ballot. The number of common …
Labrador Iron Ore Royalty Corporation (the ” Corporation “) (TSX: LIF) announced the results of the election of directors at its annual and special meeting of holders of common shares held today by way of a virtual meeting.
Iron Ore Company of Canada has provided Labrador Iron Ore Royalty Corporation with the following update on the situation at IOC’s Sept-Îles port facilities following the fire at Reclaimer no. 2. After initial assessment of the damages, IOC estimates that repairs to Reclaimer no. 2 will be completed in Q4-2021. Currently, Reclaimer no. 1 is in full operation and IOC is also able to by-pass the damaged …
Iron Ore Company of Canada (“IOC”) has provided Labrador Iron Ore Royalty Corporation (the “Corporation”) with the following update on the situation at IOC’s Sept-Îles port facilities following the fire at Reclaimer no. 2.
Iron Ore Company of
March 31, 2021, there was a fire at reclaimer no. 2 at
IOC s Sept-Îles port facilities. The fire was brought under control and there were no injuries. The cause of the fire remains unknown at this time, and an investigation process is ongoing and
IOC is still assessing the impact on its operation. IOC has declared force majeure on its contracts and is working with customers to minimize disruption.
About
The Corporation holds a 15.10% equity interest in
IOC directly and through its wholly-owned subsidiary,
Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a
10 cent per tonne commission on all iron ore products produced, sold and shipped by
Labrador Iron Ore Royalty Corporation announced today that it has been advised by Iron Ore Company of Canada that on March 31, 2021 there was a fire at reclaimer no. 2 at IOC’s Sept-Îles port facilities. The fire was brought under control and there were no injuries. The cause of the fire remains unknown at this time, and an investigation process is ongoing and IOC is still assessing the impact on its operation. …
Labrador Iron Ore Royalty Corporation (the “Corporation”) announced today that it has been advised by Iron Ore Company of Canada (“IOC”) that on March 31, 2021 there was a fire at reclaimer no. 2 at IOC’s Sept-Îles port facilities. The fire was brought under control and there were no injuries. The cause of the fire remains unknown at this time, and an investigation process is ongoing and IOC is still assessing the impact on its operation. IOC has declared force majeure on its contracts and is working with customers to minimize disruption.