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 outstanding principal balance of the Notes will be approximately US$8.2 million.