Niko Decides to Forego Drawdown of $20 MM Facility D of its

CALGARY, ALBERTA--(Marketwired - Jan. 17, 2014) - Niko Resources Ltd. (TSX:NKO) announces that it has decided to forego its option to drawdown the $20 million Facility D of its $340 Million term loan facilities. The outstanding balance on the term loan will remain at $320 million.

Contact Information:

Niko Resources Ltd.
Jake Brace
President
(403) 262-1020

Niko Resources Ltd.
Glen Valk
VP Finance & CFO
(403) 262-1020
www.nikoresources.com

Niko Decides to Forego Drawdown of $20 MM Facility D of its $340 Million Term Loan Facilities