Niko Receives Conversion Notices

CALGARY, ALBERTA--(Marketwired - May 22, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on May 21, 2014 and May 22, 2014, it received additional 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$0.9 million of the Notes. The conversions will result in the issuance of 500,000 common shares to a holder of the Notes and the outstanding principal balance of the Notes will be approximately US$1.6 million.