Niko Resources Ltd.
TSX : NKO

Niko Resources Ltd.

September 18, 2015 10:55 ET

Christopher Rudge Appointed as a Director of Niko Resources Ltd.

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2015) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) is pleased to announce that the Board of Directors has appointed Mr. Christopher H. Rudge as a director of the Company.

Mr. Rudge currently serves as executive chairman and CEO for the Toronto Argonauts of the Canadian Football League. Following a successful business career in the printing industry, Mr. Rudge served as CEO of the Canadian Olympic Committee for the 2010 Winter Olympics in Vancouver, British Columbia and also chaired the successful Canadian program 'Own The Podium'. Mr. Rudge has served as Distinguished Visiting Fellow at the Ted Rogers School of Management, Ryerson University, Adjunct Professor at the University of British Columbia and sits as Executive in Residence at the University of Toronto, Rotman School of Management Director Education and Certification Program. Mr. Rudge is and has been active on a number of boards, including The Paxen Group Inc. (Melbourne, Florida), Merrill Lynch Canada, the Organizing Committee for the 2015 Pan American Games, the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games, and the National Ballet of Canada. He is currently Chairman of the Canadian Sport Institute, Ontario. Mr. Rudge holds a teaching certificate from Queen's University and a Bachelor of Physical Education and Health from the University of Toronto, and currently resides in Toronto, Ontario, Canada.

Mr. Rudge shall be nominated for election as a director of the Company at the Company's upcoming shareholder meeting scheduled for September 30, 2015. As Mr. Rudge was not identified as a nominee in the Company's recently mailed Management Information Circular, the Company now provides the following information in connection with his nomination for election to the Board. Information regarding the other five nominees can be found in the Management Information Circular for Niko Resources Ltd. on the Company's profile at www.sedar.com.

Mr. Rudge does not currently hold any securities of the Company and, to date, has not received any compensation for his role as director of the Company. Additionally, Mr. Rudge has not (a) as at the date hereof, or within the ten (10) years before the date hereof, been a director or executive officer of any company (including Niko) that, while Mr. Rudge was acting in that capacity, or within a year of Mr. Rudge ceasing to act in that capacity, became bankrupt, made a proposal under any legislation relating to bankruptcy or insolvency or was subject to or instituted any proceedings, arrangement or compromise with creditors or had a receiver, receiver manager or trustee appointed to hold its assets, or (b) within the ten (10) years before the date hereof, become bankrupt, made a proposal under any legislation relating to bankruptcy or insolvency, or become subject to or instituted any proceedings, arrangement or compromise with creditors, or had a receiver, receiver manager or trustee appointed to hold the assets of Mr. Rudge. Mr. Rudge has not been subject to, (a) any penalties or sanctions imposed by a court relating to securities legislation or by a securities regulatory authority or has entered into a settlement agreement with a securities regulatory authority, or (b) any other penalties or sanctions imposed by a court or regulatory body that would likely be considered important to a reasonable securityholder in deciding whether to vote for Mr. Rudge.

The Company also wishes to announce that Mr. Joshua Sigmon has resigned as a director of the Company. The Board of Directors expresses its gratitude to Mr. Sigmon for his service.

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