Labrador Iron Ore Royalty Corporation Announces Results of Votes

TORONTO, May 27, 2016 /CNW/ - Labrador Iron Ore Royalty Corporation ("LIORC") (TSX: LIF) announced the results of the votes at its Annual Meeting held today in Toronto.

All of the nominee directors listed in LIORC's management information circular dated April 22, 2016 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

William J. Corcoran

35,025,594

94.85

1,902,371

5.15

Mark J. Fuller

28,820,597

78.05

8,107,368

21.95

Duncan N. R. Jackman

24,492,594

66.33

12,435,371

33.67

James C. McCartney

26,514,788

71.80

10,413,177

28.20

William H. McNeil

33,788,690

91.50

3,139,275

8.50

Sandra L. Rosch

26,162,530

70.85

10,765,435

29.15

Patricia M. Volker

35,976,720

97.42

951,245

2.58

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

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

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