 NEW YORK--BUSINESS WIRE--Distribution Announcement The Trustees of Mesabi Trust NYSE:MSB declared a distribution of One Dollar and forty-two cents 1.42 per Unit of Beneficial Interest payable on November 20, 2021 to Mesabi Trust Unitholders of record at the close of business on October 30, 2021. This compares to a distribution of thirty-six cents 0.36 per Unit for the same period last year. The One Dollar and six cents 1.06 per Unit increase in the current distribution, as compared 