10 INVERNESS DRIVE, SUITE 104
DENVER
Colorado
USA,
80112
Phone: +1 (303) 799-9020
Fax: +1 (303) 799-9017
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Company SummaryInternational Royalty Corporation (IRC) was formed for the purpose of acquiring and creating natural resource royalties with a specific emphasis on mineral royalties. Royalty interests include acquired royalty interests in production stage, development stage, feasibility stage, and exploration stage properties. Company NewsFriday, October 16, 2009 International Royalty Corporation, as General Partner of the Labrador Nickel Royalty Limited Partnership (“LNRLP”), announced today that LNRLP has filed a claim in the Supreme Court of Newfoundland & Labrador against Vale Inco Limited (“Vale Inco”) and its wholly owned subsidiaries, Vale Inco Atlantic Sales Limited (“VIASL”) and Vale Inco Newfoundland and Labrador Limited (“VINL”), related to the calculation of the Net Smelter Return (“NSR”) on the sale of nickel concentrates from VINL’s Voisey’s
Bay Mine to Vale Inco. The NSR is the basis for payment of the 3.0% royalty due to LNRLP, which is 90% owned by IRC. The claim requests specific damages for underpayment of past royalties and an order in respect of the correct calculation of future payments. News ReleasesFriday, September 11, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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