|By Marketwired .||
|May 27, 2014 08:00 PM EDT||
CALGARY, ALBERTA -- (Marketwired) -- 05/27/14 -- Niko Resources Ltd. (TSX: NKO) announces that on May 27, 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$0.5 million of the Notes. The conversions will result in the issuance of 265,382 common shares to holders of the Notes and the outstanding principal balance of the Notes will be approximately US$1.1 million.
Niko Resources Ltd.
Niko Resources Ltd.
VP Finance & CFO
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