Niko Resources Ltd.
TSX : NKO

Niko Resources Ltd.

January 02, 2014 20:39 ET

Niko Receives Conversion Notice

CALGARY, ALBERTA--(Marketwired - Jan. 2, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on December 31, 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$0.1 million of the Notes. The conversion will result in the issuance of 52,436 common shares to a holder of the Notes and the outstanding principal balance of the Notes will be approximately US$9 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