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:

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

SOURCE: Labrador Iron Ore Royalty Corporation

For further information, please contact: John F. Tuer, President & Chief Executive
Officer, (416) 362-0066, E-mail- investor.relations@labradorironore.com

COMTEX_465486402/2197/2025-05-13T19:32:00