Mesabi Trust (MSB): The October 29, 2021 royalty amount also...

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Re: Lowjack post# 249

Tuesday, 12/07/2021 6:10:49 AM

Tuesday, December 07, 2021 6:10:49 AM

The October 29, 2021 royalty amount also included an additional payment of $2,314,114 related to pellets and sinter volumes identified by Cliffs as 2020 deemed shipped adjustments. In addition, a royalty payment of $185,017 was paid to the Mesabi Land Trust. Accordingly, the total third quarter 2021 royalty payments received by Mesabi Trust on October 29, 2021 from Cliffs were $16,219,472.

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