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Labrador Iron Ore Royalty Corporation press release

Labrador Iron Ore Royalty Corporation Announces Results of Votes

TSX - Toronto Stock Exchange · Iron · Canada

Canada NewsWire

TORONTO, May 11, 2017

TORONTO, May 11, 2017/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 March 22, 2017were 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 | 28,891,724 | 91.61 | 2,646,558 | 8.39 | | Mark J. Fuller | 31,427,050 | 99.65 | 111,232 | 0.35 | | Duncan N. R. Jackman | 26,557,405 | 84.21 | 4,980,877 | 15.79 | | James C. McCartney | 29,585,675 | 93.81 | 1,952,607 | 6.19 | | William H. McNeil | 29,587,932 | 93.82 | 1,950,350 | 6.18 | | Sandra L. Rosch | 28,492,677 | 90.34 | 3,045,605 | 9.66 | | Patricia M. Volker | 31,414,907 | 99.61 | 123,375 | 0.39 |

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

View original content: http://www.newswire.ca/en/releases/archive/May2017/11/c5369.html

William H. McNeil, President & Chief Executive Officer, (416) 863-7133, E-mail: investor.relations@labradorironore.comCopyright CNW Group 2017

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