Niko Resources Ltd. (TSX: NKO) has entered
into a bought deal financing agreement with a syndicate of underwriters
led by Canaccord Capital Corporation and including FirstEnergy Capital
Corp., Orion Securities Inc., Peters & Co. Limited, and Maison
Placements Canada Inc. to issue 2,000,000 common shares at a price of
$51.00 per share for gross proceeds of approximately $102.0 million.
Niko Resources Ltd. will apply the proceeds of this issue towards its
exploration and development program and for general corporate purposes.