Niko Receives Conversion Notice

 NEWS RELEASE TRANSMITTED BY Marketwired  FOR: Niko Resources Ltd.  TSX SYMBOL:  NKO  MAY 2, 2014  Niko Receives Conversion Notice  CALGARY, ALBERTA--(Marketwired - May 2, 2014) - 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.    -30- FOR FURTHER INFORMATION PLEASE CONTACT:  Niko Resources Ltd. Jake Brace President (403) 262-1020 or Niko Resources Ltd. Glen Valk VP Finance & CFO (403) 262-1020  INDUSTRY:  Energy and Utilities - Oil and Gas   SUBJECT:  STK 
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