Niko Announces $102 Million Common Share Financing

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.