CALGARY, ALBERTA--(Marketwired - Jan 17, 2014) - Niko Resources Ltd. (TSX:NKO) announces that it has decided to forego its option to drawdown the $20 million Facility D of its $340 Million term loan facilities. The outstanding balance on the term loan will remain at $320 million. Contact Niko Resources Ltd.Jake BracePresident(403) 262-1020Niko Resources Ltd.Glen ValkVP Finance & CFO(403) 262-1020www.nikoresources.com ...
CALGARY, ALBERTA--(Marketwired - Jan 16, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on January 15, 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$0.3 million of the Notes. The conversion will result in the issuance of 142,697 common shares to holders of the Notes and the [...]
CALGARY, ALBERTA--(Marketwired - Jan 15, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on January 14, 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$0.1 million of the Notes. The conversion will result in the issuance of 47,913 common shares to a holder of the Notes and the [...]
CALGARY, ALBERTA--(Marketwired - Jan 9, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on January 8, 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$0.25 million of the Notes. The conversion will result in the issuance of 120,904 common shares to a holder of the Notes and the [...]
CALGARY, ALBERTA--(Marketwired - Jan 3, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on January 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$0.5 million of the Notes. The conversion will result in the issuance of 251,788 common shares to a holder of the Notes and the [...]
CALGARY, ALBERTA--(Marketwired - Jan 2, 2014) - Niko Resources Ltd. (TSX:NKO) announces that on December 31, 2013, 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$0.1 million of the Notes. The conversion will result in the issuance of 52,436 common shares to a holder of the Notes and the [...]
CALGARY, ALBERTA--(Marketwired - Dec 30, 2013) - Niko Resources Ltd. (TSX:NKO) announces that on December 24, 2013, 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$0.5 million of the Notes. The conversion will result in the issuance of 281,897 common shares to a holder of the Notes and the [...]
CALGARY, ALBERTA--(Marketwired - Dec 24, 2013) - Niko Resources Ltd. (TSX:NKO) announces that on December 23, 2013, 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 an aggregate of US$3 million of the Notes. The conversion will result in the issuance of an aggregate of 1,768,970 common shares to the holders of [...]
- Liquidity position significantly strengthened - $370 million of debt and equity financings closed and Diamond settlement executed - Capital program focused on D6 Block in India - production expected to increase for fourth quarter of fiscal 2014 - Farm-out agreement for Guayaguayare PSCs executed - part of strategy to maintain optionality in exploration portfolio CALGARY, ALBERTA--(Marketwired - Dec 23, 2013) - As [...]
The Company has entered into a definitive facilities agreement with certain institutional investors providing for senior secured term loan facilities in an aggregate principal amount of US$340 million. The Facilities have been arranged by JPMorgan and Credit Suisse.
Niko Resources Ltd. is pleased to announce that it has entered into definitive subscription agreements for the issuance and sale of 16,853,578 subscription receipts of Niko at a price of Cdn.$1.9715 per Subscription Receipt for gross proceeds of approximately $33 million. The Subscription Receipts will be issued pursuant to the terms of a subscription receipt agreement (the "Subscription Receipt Agreement").
CALGARY, ALBERTA--(Marketwired - Nov 20, 2013) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) provides the following updates: Ed Sampson gives notice of retirement Proposed Credit Facility terms include 15% interest rate and 6% royalty interest Proposed settlement with Diamond in an aggregate amount up to $80 million Ed Sampson, Chairman, CEO and President of the Company, wishes to announce his retirement [...]
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