Ivernia Announces Results of Vote for Election of Directors


TORONTO, June 18, 2015 (GLOBE NEWSWIRE) -- Ivernia Inc. (TSX:IVW) ("Ivernia" or the "Company") reports that at its Annual and Special Meeting of shareholders held on June 18, 2015 there were 154 shareholders voting in person and by proxy holding 530,281,391 common shares being 66.19% of the total number of Ivernia's issued and outstanding common shares.

Each of the directors listed as nominees in the management information circular dated April 30, 2015 were elected directors of the Company until the next Annual Meeting.

The results of the vote for the election of directors are as follows:

Name of Directors

Number of Shares
Voted For*

Percentage of
Shares Voted For
Numbers of Shares
Withheld from
Percentage of
Shares Withheld
from Voting
J. Trevor Eyton 525,737,862 99.96% 212,495 0.04%
Robert Metcalfe 525,818,307 99.97% 132,050 0.03%
David Ming Qi 525,720,507 99.96% 229,850 0.04%
Wayne Richardson 525,708,807 99.95% 241,550 0.05%
Peter Robson 525,824,507 99.98% 125,850 0.02%
David Warner 525,808,807 99.97% 141,550 0.03%

* As the vote for this motion was taken by a show of hands, the number of votes disclosed reflects only those proxies received by management in advance of the meeting.

About Ivernia

Ivernia is an international lead metal mining company and the owner of the Paroo Station Mine (the "Mine"), located in Western Australia. Ivernia trades under the symbol "IVW" on the Toronto Stock Exchange. Ivernia and the Mine operate under a management services arrangement with Enirgi Group Corporation, Ivernia's majority shareholder. On January 16, 2015 the Mine was placed on care and maintenance amid difficult market conditions.

Additional information on Ivernia is available on the Company's website at www.ivernia.com and on SEDAR at www.sedar.com.

For further information please contact:

Ivernia Inc.
Jessica Helm
VP, Corporate Communications
Suite 3001, 1 Adelaide Street East
Toronto, Ontario M5C 2V9
(416) 867 9298