CALGARY, AB--(Marketwired - March 24, 2016) - Niko Resources Ltd. ("Niko" or the "Company") (TSX: NKO) announces that, as contemplated in its press release of March 14, 2016, it will commence a solicitation of consents (the "Consent Solicitation") to amend the trust indenture (the "Indenture") governing its 7% senior unsecured convertible notes due December 31, 2017 (the "Notes"). The terms and conditions of the Consent [...]
CALGARY, ALBERTA--(Marketwired - Mar 14, 2016) - Allows Niko to maintain its core assets for an expected minimum period of two years until value of these assets can potentially be enhanced for the benefit of the Company's stakeholders Noteholders that consent to amendments will be paid a fee equal to their pro rata share of US$1.5 million Niko Resources Ltd. ("Niko" or the "Company")(TSX:NKO) announces that it has [...]
CALGARY, ALBERTA--(Marketwired - Mar 11, 2016) - Niko Resources Ltd. ("Niko" or the "Company")(TSX:NKO) announces that, as per the attached press release issued by the Press Information Bureau of the Government of India, the Cabinet Committee of Economic Affairs of the Government of India has approved a proposal to grant certain marketing freedom to producers, including pricing freedom for the gas produced from [...]
CALGARY, ALBERTA--(Marketwired - Feb. 10, 2016) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) is pleased to report its operating and financial results for the quarter ended December 31, 2015. The operating results are effective February 10, 2016. All amounts are in US dollars unless otherwise indicated and all amounts are reported using International Financial Reporting Standards unless otherwise indicated [...]
CALGARY, ALBERTA--(Marketwired - Jan 18, 2016) - Niko Resources Ltd. ("Niko" or the "Company")(TSX:NKO) provides the following updates: The previously disclosed standstill agreement with the institutional lenders (the "Lenders") of its term loan facilities expired on January 15, 2016. Negotiations are ongoing with the Company's key stakeholders regarding its proposed strategic plan to maintain the Company's core assets [...]
CALGARY, ALBERTA--(Marketwired - Dec 21, 2015) - Niko Resources Ltd. ("Niko" or the "Company")(TSX:NKO) announces that it has reached an agreement with the institutional lenders of its US$340 million senior term loan facilities on an extension to the standstill period to provide the Company with additional time to pursue its strategic plan. Subject to certain conditions, the lenders have agreed not to act until January [...]
CALGARY, ALBERTA--(Marketwired - Dec 18, 2015) - Niko Resources Ltd. ("Niko" or the "Company")(TSX:NKO) announces that it has negotiated an agreement with the institutional lenders of its US$340 million senior term loan facilities with respect to an extension to the standstill period to provide the Company with additional time to pursue its strategic plan. The agreement requires the approval of a majority of the lenders [...]
CALGARY, ALBERTA--(Marketwired - Dec 3, 2015) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) announces that it has reached an agreement with the institutional lenders of its US$340 million senior term loan facilities on a standstill period to provide the Company with additional time to pursue its strategic plan. Subject to certain conditions, the lenders have agreed not to act until after December 17, 2015 on [...]
CALGARY, ALBERTA--(Marketwired - Nov 16, 2015) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) provides the following updates: The previously disclosed waiver of certain financial covenants and undertakings under the facilities agreement (as amended) with the institutional lenders of its US$340 million senior term loan facilities and a related forbearance agreement expired on November 15, 2015. The Company is [...]
CALGARY, ALBERTA--(Marketwired - Nov 12, 2015) - Niko Resources Ltd. (TSX:NKO) ("Niko" or the "Company") is pleased to report its operating and financial results for the quarter ended September 30, 2015. The operating results are effective November 12, 2015. All amounts are in US dollars unless otherwise indicated and all amounts are reported using International Financial Reporting Standards unless otherwise indicated [...]
CALGARY, ALBERTA--(Marketwired - Nov 6, 2015) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) announces that it has reached an agreement with the institutional lenders of its US$340 million senior term loan facilities to further extend the dates of the previously announced third amendment to the facilities agreement and related forbearance agreement in order to provide the Company with additional time to pursue [...]
CALGARY, ALBERTA--(Marketwired - Nov 2, 2015) - Niko Resources Ltd. ("Niko" or the "Company")(TSX:NKO) provides the following updates: The previously disclosed waiver of certain financial covenants and undertakings under the facilities agreement (as amended) with the institutional lenders of its US$340 million senior term loan facilities and a related forbearance agreement expired on October 30, 2015. The Company is in [...]
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