News-Releases
News Releases

News Releases

Labrador Iron Ore Royalty Corporation Announces Results of Votes

May, 28, 2015

TORONTO, May 28, 2015 /CNW/ - Labrador Iron Ore Royalty Corporation ("LIORC") (TSX: LIF) announced the results of  votes at its Annual and Special Meeting held today in Toronto.

All of the nominee directors listed in LIORC's management information circular dated April 23, 2015 were elected as directors of LIORC. The vote was conducted by a show of hands. The number of common shares voted by proxy for the election of each director or withheld was as indicated below:


Votes For

% Votes For

Votes Withheld

% Withheld

Bruce C. Bone

35,311,236

80.85

8,361,325

19.15

William J. Corcoran

37,429,065

85.70

6,243,496

14.30

Mark J. Fuller

38,180,786

87.43

5,491,775

12.57

Duncan N. R. Jackman

33,708,913

77.19

9,963,648

22.81

James C. McCartney

37,283,630

85.37

6,388,931

14.63

William H. McNeil

37,942,525

86.88

5,730,036

13.12

Sandra L. Rosch

37,994,705

87.00

5,677,856

13.00

Alan R. Thomas

34,801,782

79.69

8,870,779

20.31

Patricia M. Volker

37,895,633

86.77

5,776,928

13.23

Resolutions confirming the adoption of an advance notice by-law and authorizing LIORC to file articles of amendment to make certain housekeeping amendments to its Articles were approved.  A resolution authorizing LIORC to invest in metal or mineral royalties was not approved by the requisite 75% vote of shareholders.

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

SOURCE Labrador Iron Ore Royalty Corporation

Bruce C. Bone, President & Chief Executive Officer, (416) 863-7133, E-mail: investor.relations@labradorironore.com