DBRS Discontinues Labrador Iron Ore Royalty Income Fund Rating

DBRS has today discontinued the stability rating of Labrador Iron Ore Royalty Income Fund (the Fund), in view of the Fund’s June 30, 2010 announcement that it has filed Articles of Arrangement and other documents with the Director under the Canada Business Corporations Act and a Certificate of Arrangement has been issued in connection with the conversion of the Fund into a corporation, as approved by unitholders in May 2010.

Notes:
The applicable methodology is Rating Mining, which can be found on our website under Methodologies.

This is a Corporate (Natural Resources) rating.