Labrador Iron Ore Royalty Corporation Announces Results of Election of Directors

Labrador Iron Ore Royalty Corporation Announces Results of Election of Directors

Canada NewsWire

TORONTO, May 14, 2020

TORONTO, May 14, 2020 /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 virtual meeting.

The following nominee directors listed in the Corporation's management information circular dated April 9, 2020 were elected as directors of the Corporation. The vote was conducted by electronic ballot. The number of common shares voted for the election of each director or withheld was as indicated below:

	Votes For	% Votes For	Votes Withheld	% Withheld
William J. Corcoran	27,350,515	95.70%	1,228,715	4.30%
Mark J. Fuller	26,066,478	91.21%	2,512,752	8.79%
Douglas F. McCutcheon	28,515,631	99.78%	63,599	0.22%
William H. McNeil	22,198,586	77.67%	6,380,644	22.33%
Dorothea E. Mell	28,530,530	99.83%	48,700	0.17%
Sandra L. Rosch	27,446,419	96.04%	1,132,811	3.96%
John F. Tuer	27,981,909	97.91%	597,321	2.09%
Patricia M. Volker	27,893,328	97.60%	685,902	2.40%

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

View original content: http://www.newswire.ca/en/releases/archive/May2020/14/c2207.html

Copyright CNW Group 2020

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