| |
| Year (Ending December 31) |
2009 |
2008 |
| ($ in millions except per unit information) |
| |
| Revenue |
77.0 |
163.4 |
| Net Income |
75.1 |
176.5 |
| Adjusted Cash Flow [1] [2] |
58.3 |
174.9 |
| Net Income per Unit |
$2.35 |
$5.52 |
| Adjusted Cash Flow per Unit [1] [2] |
$1.82 |
$5.46 |
| Cash Distributions per Unit |
$2.00 |
$4.85 |
|
|
 |
|
Toronto, June 30, 2010
LABRADOR IRON ORE ROYALTY INCOME FUND ANNOUNCES FILING OF ARTICLES OF ARRANGEMENT
Labrador Iron Ore Royalty Income Fund (LIF.UN) is pleased to announce that Articles of Arrangement and other documents were filed today with the Director under the Canada Business Corporations Act and a Certificate of Arrangement was issued in connection with the conversion of the Fund into a corporation named “Labrador Iron Ore Royalty Corporation”.
Read More
Toronto, June 30, 2010
LETTER OF TRANSMITTAL
This letter of transmittal (“Letter of Transmittal”) is for use by registered holders (“Unitholders”) of trust units (“Fund
Units”) of Labrador Iron Ore Royalty Income Fund
(the “Fund”) in connection with the arrangement
(the “Arrangement”)
involving, among others, the Fund, Labrador Mining Company Limited and Labrador Iron Ore Royalty Corporation, as
described in the management information circular of the Fund dated April 15, 2010
(the “Information Circular”). Pursuant
to the Arrangement, Unitholders will receive, for each Fund Unit held, a stapled unit (“Stapled Unit”), which will be
comprised of one LIORC Share and one Subordinated Note Receipt.
Read More
Toronto, June 08, 2010
Cash Distribution for the Second Quarter of 2010 - $0.50 per Trust Unit and Special Dividend - $0.25 per Trust Unit
The Trustees of The Labrador Iron Ore Royalty Income Fund declared today a regular quarterly cash distribution of $0.50 per Trust Unit and a special dividend of $0.25 per Trust Unit payable to holders of record at the close of business on June 30, 2010 and to be paid on July 25, 2010.
Read More
Toronto, May 19, 2010
LABRADOR IRON ORE ROYALTY INCOME FUND ANNOUNCES UNITHOLDER APPROVAL FOR PLAN OF ARRANGEMENT
Labrador Iron Ore Royalty Income Fund (LIF.UN.) is pleased to announce that at the annual and special meeting of unitholders held on May 19, 2010, the unitholders overwhelmingly approved the previously announced plan of arrangement under section 192 of the Canada Business Corporations Act pursuant to which the Fund will be converted into a corporation to be named “Labrador Iron Ore Royalty Corporation”. Approximately 99.9% of the votes cast at the meeting were voted in favour of the extraordinary resolution authorizing the arrangement.
Read More
Toronto, May 06, 2010
IOC Announces Restart of its Iron Ore Expansion Program
Iron Ore Company of Canada (IOC) announced today that it has resumed Phase 1 of its expansion program, which was approved in March 2008 and suspended later that year due to the impact of the global financial crisis on worldwide markets.
Read More
Toronto, May 04, 2010
RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2010
Labrador Iron Ore Royalty Income Fund (TSX: LIF.UN) announced its results for the first quarter ended March 31, 2010.
Read More
Toronto, April 15, 2010
LETTER TO UNITHOLDERS RE RESTRUCTURING
At the Annual and Special Meeting to be held on May 19, 2010, Unitholders will be asked to consider and,
if thought fit, approve a Plan of Arrangement to convert the Fund from a trust to a corporation.
Read More
Toronto, March 3, 2010
Cash Distribution for the First Quarter of 2010 - $0.50 per Trust Unit and Special Dividend - $0.25 per Trust Unit
The Trustees of The Labrador Iron Ore Royalty Income Fund declared today a regular quarterly cash distribution of $0.50 per Trust Unit and a special dividend of $0.25 per Trust Unit payable to holders of record at the close of business on March 31, 2010 and to be paid on April 25, 2010.
Read More
|
|
