MESABI TRUST 8K

Mesabi Trust declared a reduced $0.05 per unit distribution for August 20, 2026, citing lower royalties from Cleveland-Cliffs and ongoing industry and economic uncertainties.

Mesabi Trust announced that its Trustees have declared a distribution of $0.05 per Unit of Beneficial Interest, payable on August 20, 2026 to unitholders of record as of July 30, 2026, a reduction from the $0.12 per unit distribution for the same period last year, reflecting lower royalty payments received from Cleveland-Cliffs Inc. in April 2026, the absence of a bonus royalty payment, and broader uncertainties related to Cliffs’ vertical supply chain plans, volatility in the iron ore and steel industries, economic conditions, trade policy, and global unrest; the Trust also noted that second-quarter 2026 royalty payments and reports from Cliffs and Northshore are due on July 30, 2026, after which it plans to file a Form 8-K summarizing the quarterly royalty report.

Filing Facts

CIK

65172

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-083538

Alert Tier

6