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

Bruce C. Bone, President & Chief Executive Officer, [phone], E-mail: [email protected]