Noranda Income Fund
TSX : NIF.UN

Noranda Income Fund

May 17, 2013 09:13 ET

Noranda Income Fund Annual General Meeting Voting Results

SALABERRY-DE-VALLEYFIELD, QUÉBEC--(Marketwired - May 17, 2013) - Noranda Income Fund (the "Fund") (TSX:NIF.UN) announced today that the voting results from its Annual General Meeting (the "AGM") of unitholders held in Toronto yesterday.

At the AGM, there were 47 holders of Priority Units and Special Fund Units ("units") of the Fund, represented in person or by proxy, holding 29,068,019 units or 58.14% of the Fund's 49,997,975 issued and outstanding units.

The outcome was as follows:
Class Nominee Votes For Proxy % Votes Withheld Proxy %
Priority and Manuel Álvarez Dávila 25,681,757 88.35 3,386,262 11.65
Special Units Jean Pierre Ouellet 28,535,857 98.17 532,162 1.83
François R. Roy 28,535,857 98.17 532,162 1.83
John J. Swidler 28,548,857 98.21 519,162 1.79
Barry Tissenbaum 28,547,857 98.21 520,162 1.79
Neil Wardle 25,734,857 88.53 3,333,162 11.47
John Whyte 25,683,957 88.36 3,384,062 11.64

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 Xstrata Canada Corporation.

Further information about Noranda Income Fund can be found at www.norandaincomefund.com.

Contact Information

  • Michael Boone
    Vice President and Chief Financial Officer
    Canadian Electrolytic Zinc Limited
    Noranda Income Fund's Manager
    416-775-1561
    info@norandaincomefund.com