CALGARY, ALBERTA--(Marketwired - Apr 2, 2014) - Niko Resources Ltd. (NKO.TO) announces that on April 1, 2014 and April 2, 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$0.8 million of the Notes. The conversions will result in the issuance of 501,029 common shares to holders of the Notes and the outstanding principal balance of the Notes will be approximately US$5 million.
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Niko Resources Ltd.
VP Finance & CFO