Tuesday, September 25, 2018Canada's Leading Online Business Magazine

Noranda Income Fund Annual General Meeting Voting Results

SALABERRY-DE-VALLEYFIELD, Québec, April 27, 2018 (GLOBE NEWSWIRE) — 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.

At the AGM, there were 6 holders of Priority Units and Special Fund Units (“Units”) of the Fund represented in person or by proxy, holding 19 488 733 Units and representing 38,98% of 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 16,706,745 86,73 2,556,052 13,27
Yvan Jost 16,699,095 86,69 2,563,702 13,31
Anthony P.L. Lloyd 16,819,267 87,31 2,443,530 12,69
Jean Pierre Ouellet 17,124,023 88,90 2,138,774 11,10
François R. Roy 17,237,057 89,48 2,025,740 10,52
Barry Tissenbaum 17,132,728 88,94 2,130,069 11,06
Dirk Vollrath 17,049,530 88,51 2,213,267 11,49

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.

For further information, please contact:
Michael Boone
Vice President and Chief Financial Officer, Canadian Electrolytic Zinc Limited
Noranda Income Fund’s Manager
416-775-1561
info@norandaincomefund.com

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