Niko Receives Conversion Notice

April 1, 2014

CALGARY, ALBERTA--(Marketwired - Apr 1, 2014) - Niko Resources Ltd. (NKO.TO) announces that on March 31, 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$0.2 million of the Notes. The conversions will result in the issuance of 120,617 common shares to a holder of the Notes and the outstanding principal balance of the Notes will be approximately US$5.8 million.