New Millennium Iron Corp. Announces AGM Results

CALGARY, ALBERTA--(Marketwired - June 21, 2017) - New Millennium Iron Corp. ("NML" or the "Company") (TSX:NML) announced today the results of the Annual General Meeting of the shareholders of NML held on June 21, 2017 (the "Meeting"). 32 Shareholders holding a total of 77,193,141 common shares of the Company were represented at the Meeting in person or proxy, representing approximately 42.64% of the total votes attached to all issued and outstanding common shares of the Company as of the record date on May 15, 2017. Voting on all matters at the Meeting was conducted by ballot other than the re-appointment of the auditors which was conduct by a show of hands.

In respect of the election of directors, management had seven nominees being considered for election with two additional nominees being put forth at the Meeting by Mr. Dean Journeaux, a shareholder of the Company, who on May 8, 2017, provided a notice of nominations of directors to the Company in accordance with the Company's advance notice bylaw (see NR 17-02 dated May 18, 2017). Mr. Journeaux nominated himself and Robert Martin for election to the Board of Directors. Accordingly, there were nine nominees being considered for election for seven director positions. At the Meeting, six of the management nominees were elected, being Sandip Biswas, Dibyendu Bose, Chanakya Chaudhary, Mario Caron, W. Scott Leckie and Daniel P. Owen, along with Dean Journeaux. The votes cast by shareholders present in person or represented by proxy at the Meeting for the election of directors were as follows:

	VOTES FOR		VOTES WITHHELD
Sandip Biswas	93.33% (69,859,137)		6.67% (4,990,643)
Dibyendu Bose	93.34% (69,861,637)		6.66% (4,988,143)
Chanakya Chaudhary	93.33% (69,859,137)		6.67% (4,990,643)
Kevin Bullock	87.84% (22,274,416)		12.16% (3,082,318)
Mario Caron	95.59%