Diversified Royalty Corp. Announces Results of Annual and Special Meeting

VANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that at its annual and special meeting of shareholders held on May 14, 2020 (the “Meeting”), all directors nominated as listed in DIV’s information circular dated April 14, 2020 were elected for the ensuing year. Details of the voting by ballot are as follows:

Director	Votes For			Votes Withheld
	Number	Percentage		Number	Percentage
Lawrence Haber	40,447,271	99.58%		169,090	0.42%
Johnny Ciampi	39,923,011	98.29%		693,350	1.71%
Paula Rogers	40,433,271	99.55%		183,090	0.45%
Garry Herdler	40,426,681	99.53%		189,680	0.47%
Lorraine McLachlan	40,435,271	99.55%		181,090	0.45%

DIV has also filed a report of voting results of all resolutions voted on at the Meeting on SEDAR at www.sedar.com.

About Diversified Royalty Corp.

DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

DIV currently owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door and Oxford Learning Centres trademarks. Mr. Lube is the leading quick lube service business in Canada, with locations across Canada. AIR MILES is Canada’s largest coalition loyalty program with approximately two-thirds of Canadian households actively participating in the AIR MILES Program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes currently operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is one of North America’s fastest growing home care providers with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchised supplemental education services in Canada and the United States.