SALABERRY-DE-VALLEYFIELD, QUÉBEC–(Marketwired – May 17, 2016) – Noranda Income Fund (the “Fund”) (TSX:NIF.UN) announced today the voting results from its Annual General Meeting (the “AGM”) of unitholders held this morning.
Based on the Fund’s 49,989,975 issued and outstanding Units, the results of the vote for the election of trustees was as follows:
| Class | Nominee | Votes For |
% Proxy |
Votes Withheld |
% Proxy |
|
| Priority and Special Units | Chris Eskdale | 19,402,911 | 90.11 | 2,127,697 | 9.88 | |
| Yvan Jost | 20,963,615 | 97.36 | 566,975 | 2.63 | ||
| Anthony P.L. Lloyd | 21,182,105 | 98.38 | 348,485 | 1.62 | ||
| Jean Pierre Ouellet | 21,069,201 | 97.85 | 461,389 | 2.15 | ||
| François R. Roy | 21,061,202 | 97.83 | 466,209 | 2.17 | ||
| Barry Tissenbaum | 21,057,919 | 97.80 | 472,671 | 2.20 | ||
| Dirk Vollrath | 20,933,195 | 97.22 | 597,395 | 2.77 |
Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol “NIF.UN”. Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the “Processing Facility”) located in Salaberry-de-Valleyfield, Québec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America, where the majority of zinc customers are located. It produces refined zinc metal and various by-products from sourced zinc concentrates. The Processing Facility is operated and managed by Canadian Electrolytic Zinc Limited, a wholly-owned subsidiary of Glencore Canada Corporation.
Further information about Noranda Income Fund can be found at www.norandaincomefund.com.
Vice President and Chief Financial Officer,
Canadian Electrolytic Zinc Limited
Noranda Income Fund’s Manager
416-775-1561
info@norandaincomefund.com