Niko Receives Conversion Notices

CALGARY, ALBERTA--(Marketwired - May 20, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on May 20, 2014, it received notices 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$0.7 million of the Notes. The conversions will result in the issuance of 418,655 common shares to holders of the Notes and the outstanding principal balance of the Notes will be approximately US$2.8 million.