|By Marketwired .||
|May 2, 2014 06:00 PM EDT||
CALGARY, ALBERTA -- (Marketwired) -- 05/02/14 -- Niko Resources Ltd. (TSX:NKO) announces that on May 2, 2014, 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$0.6 million of the Notes. The conversions will result in the issuance of 350,000 common shares to a holder of the Notes and the outstanding principal balance of the Notes will be approximately US$3.8 million.
Niko Resources Ltd.
Niko Resources Ltd.
VP Finance & CFO
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