Labrador Iron Ore Royalty Corporation Announces Results of Election of Directors

May 16, 2023

Canada NewsWire

TORONTO , May 16, 2023 /CNW/ - Labrador Iron Ore Royalty Corporation (the " Corporation ") (TSX: LIF) announced the results of the election of directors at its annual meeting of holders of common shares held today by way of a hybrid meeting conducted virtually and in person.

The following nominee directors listed in the Corporation's management information circular dated April 10, 2023 were elected as directors of the Corporation. The vote was conducted by ballot online and in person. The number of common shares voted for or against the election of each director was as indicated below:


Votes For

Votes Against


Number

Percent

Number

Percent

Mark J. Fuller

23,044,140

93.37 %

1,636,860

6.63 %

Douglas F. McCutcheon

23,547,618

95.41 %

1,133,382

4.59 %

Dorothea E. Mell

23,544,310

95.39 %

1,136,690

4.61 %

William H. McNeil

18,647,305

75.55 %

6,033,695

24.45 %

Sandra L. Rosch

22,750,680

92.18 %

1,930,320

7.82 %

John F. Tuer

23,783,894

96.37 %

897,106

3.63 %

Patricia M. Volker

20,433,832

82.79 %

4,247,168

17.21 %


Final results on all matters voted at the annual meeting will be filed shortly with the Canadian securities regulators.

About Labrador Iron Ore Royalty Corporation

The Corporation holds a 15.10% equity interest in Iron Ore Company of Canada (" IOC ") directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

Cision View original content: http://www.newswire.ca/en/releases/archive/May2023/16/c6930.html


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