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Labrador Iron Ore Royalty Corporation Announces Results of Votes

Corporate Updates

Labrador Iron Ore Royalty Corporation Announces Results of Votes

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, 2017

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

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

%SEDAR: 00030172E

For further information:

William H. McNeil, President & Chief Executive Officer, (416) 863-7133, E-mail:

[email protected]

CO: Labrador Iron Ore Royalty Corporation

CNW 15:22e 11-MAY-17