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