Labrador Iron Ore Royalty Income Fund (extinct)

Labrador Iron Ore Royalty Income Fund (extinct)

Labrador Iron Ore Royalty Income Fund (extinct)

Overview
Date Founded

1995

Headquarters

Scotia Plaza,40 King Street West,26th floor,Toronto, ON M5W 2X6

Type of Company

Private

Industries

Trusts & Funds
Investment Services & Portfolio Management

Company Description

Labrador Iron Ore Royalty Income Fund is limited purpose trust .The Fund through its wholly-owned subsidiaries, Labrador Mining Company Limited ('Labmin') and Hollinger-Hanna Limited ('Hollinger-Hanna'), holds a 15.10% equity interest in Iron Ore Company of Canada ('IOC') and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

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Labrador Iron Ore Royalty Income Fund
Recent Transactions
Details Hidden

Royal Bank of Canada, RBC Dominion Securities, Inc. purchase Labrador Iron Ore Royalty Income Fund from Rio Tinto Plc

Details Hidden

Rio Tinto Plc purchases Labrador Iron Ore Royalty Income Fund

Transaction Advisors
Accountant

Advised onRoyal Bank of Canada, RBC Dominion Securities, Inc. purchase Labrador Iron Ore Royalty Income Fund from Rio Tinto Plc

Investment Advisor

Advised onRio Tinto Plc purchases Labrador Iron Ore Royalty Income Fund

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