Niko Resources Ltd.
TSX : NKO

Niko Resources Ltd.

December 30, 2013 06:30 ET

Niko Receives Conversion Notice

CALGARY, ALBERTA--(Marketwired - Dec. 30, 2013) - Niko Resources Ltd. (TSX:NKO) announces that on December 24, 2013, it received a notice of conversion in accordance with the terms of the amended and restated 7% senior unsecured notes due July 13, 2014 (the "Notes") to convert approximately US$0.5 million of the Notes. The conversion will result in the issuance of 281,897 common shares to a holder of the Notes and the outstanding principal balance of the Notes will be reduced to approximately US$9 million.

Contact Information

  • Niko Resources Ltd.
    Jake Brace
    Incoming President (effective January 1, 2014)
    (403) 262-1020

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