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Labrador Iron Ore Royalty Corporation press release

Labrador Iron Ore Royalty Corporation Announces Results of Election of Directors

TSX - Toronto Stock Exchange · Iron · Canada

Canada NewsWire

TORONTO , May 13, 2025 /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 in Toronto .

The following nominee directors listed in the Corporation's management information circular dated April 4, 2025 were elected as directors of the Corporation. The vote was conducted by a show of hands. 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 | 16,497,432 | 71.14 | 6,693,888 | 28.86 | | Douglas F. McCutcheon | 22,825,101 | 98.42 | 366,219 | 1.58 | | Dorothea E. Mell | 22,691,809 | 97.85 | 499,511 | 2.15 | | William H. McNeil | 20,964,389 | 90.40 | 2,226,931 | 9.60 | | Sandra L. Rosch | 22,202,119 | 95.73 | 989,202 | 4.27 | | John F. Tuer | 22,857,141 | 98.56 | 334,180 | 1.44 | | Patricia M. Volker | 21,379,219 | 92.19 | 1,812,101 | 7.81 |

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 on all iron ore products produced, sold and shipped by IOC and a 10 cent per tonne commission on all iron ore products produced and sold by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

View original content: http://www.newswire.ca/en/releases/archive/May2025/13/c4746.html

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