Niko Resources Ltd (NKRSF) 0.1604 $NKRSF
Niko Provides Corporate Updates
Marketwire Canada - Mon Jun 13, 6:30AM CDT
CALGARY, AB--(Marketwired - June 13, 2016) - Niko Resources Ltd. ("Niko" or the "Company"
(TSX: NKO) provides the following updates.
NKO.TO: 0.20 (unch)
Niko Announces Commencement of Consent Solicitation
Marketwired - Fri Jun 10, 8:05AM CDT
CALGARY, AB--(Marketwired - June 10, 2016) - Niko Resources Ltd. ("Niko" or the "Company" (TSX: NKO) announces that it has today commenced a solicitation of consents (the "Consent Solicitation" to amend the trust indenture (the "Indenture" governing its 7% convertible senior unsecured notes due December 31, 2017 (the "Notes". The terms and conditions of the Consent Solicitation are set out in the consent solicitation statement of Niko dated May 31, 2016 (the "Consent Solicitation Statement", a copy of which has been filed under the Company's profile at www.sedar.com. The receipt of the Consent Solicitation Statement by holders of the Notes (the "Noteholders" will be subject to standard mailing timelines.
NKO.TO: 0.20 (unch)
Niko Announces ICSID Tribunals' Third Decision on Payment Claim
Marketwire Canada - Mon May 30, 6:30AM CDT
CALGARY, AB --(Marketwired - May 30, 2016) - Niko Resources Ltd. ("Niko" or the "Company" (TSX: NKO) is pleased to announce that the international tribunals constituted under the Rules of the International Centre for Settlement of Investment Disputes ("ICSID" have issued the Third Decision on the Payment Claim initiated by the Company's indirect subsidiary, Niko Resources (Bangladesh) Ltd. ("NRBL", against Bangladesh Oil Gas & Mineral Corporation ("Petrobangla", a crown corporation of the Government of Bangladesh, for payments owing to NRBL by Petrobangla for gas deliveries made under the Feni Gas Purchase and Sale Agreement.
NKO.TO: 0.20 (unch)
Niko Provides Update on Indian Gas Price
Marketwired - Thu Mar 31, 4:00PM CDT
Niko Resources Ltd. ("Niko" or the "Company" (TSX: NKO) provides the following updates on the prices for current and potential future natural gas sales from the D6 Block in India:
NKO.TO: 0.20 (unch)
Niko Resources Ltd. Announces Board Changes
Marketwired - Mon Mar 28, 6:30AM CDT
Niko Resources Ltd. (Niko or the Company) (TSX: NKO) wishes to announce that Mr. Kevin J. Clarke has indicated he intends to resign from his role as Chairman of the Board and interim Chief Executive Officer, effective upon the completion of the previously announced restructuring transaction described in detail in the Company's press release of March 14, 2016.
NKO.TO: 0.20 (unch)
Niko Announces Consent Solicitation With Respect to 7% Senior Unsecured Notes in Connection With Support for Previously Announced Strategic Plan
Marketwired - Thu Mar 24, 6:30AM CDT
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 Solicitation will be set out in the consent solicitation statement of Niko dated March 29, 2016 (the "Consent Solicitation Statement" which will be mailed to holders of the Notes (the "Noteholders" on or about April 15, 2016.
NKO.TO: 0.20 (unch)
Niko Announces Agreements with Certain of its Senior Lenders and Noteholders to Support Strategic Plan
Marketwired - Mon Mar 14, 6:30AM CDT
Niko Resources Ltd. ("Niko" or the "Company"(TSX: NKO) announces that it has executed a support agreement with its institutional lenders (the "Lenders" holding approximately 85% of the senior term loan facilities (the "Term Loan" and a support agreement with noteholders (the "Noteholders" holding approximately 60% of the Company's 7% senior unsecured convertible notes due December 31, 2017 (the "Notes", each in support of the Company's strategic plan of maintaining its core assets until the value of these assets can be enhanced for the benefit of all of the Company's stakeholders. The support agreements include a term sheet reflecting the key terms of the proposed new interim agreement (the "Interim Agreement" that would amend the terms of the Term Loan and outlines the proposed amendments (the "Indenture Amendments" that are required to be made to the indenture governing the Notes (the "Indenture" (together referred to as the "Hold Proposal".
NKO.TO: 0.20 (unch)
Niko Announces Government of India's Decision on Marketing Including Pricing Freedom for Gas to Be Produced From Discoveries in High Pressure-High Temperature, Deepwater and Ultra Deepwater Areas
Marketwired - Fri Mar 11, 6:31AM CST
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 discoveries in high pressure high temperature, deepwater and ultra deepwater areas in India. The marketing freedom so granted would be capped by a ceiling price arrived at on the basis of landed price of alternative fuels.
NKO.TO: 0.20 (unch)
Niko Provides Corporate Updates
Marketwire Canada - Mon Jun 13, 6:30AM CDT
CALGARY, AB--(Marketwired - June 13, 2016) - Niko Resources Ltd. ("Niko" or the "Company"
(TSX: NKO) provides the following updates. NKO.TO: 0.20 (unch)
Niko Announces Commencement of Consent Solicitation
Marketwired - Fri Jun 10, 8:05AM CDT
CALGARY, AB--(Marketwired - June 10, 2016) - Niko Resources Ltd. ("Niko" or the "Company"
(TSX: NKO) announces that it has today commenced a solicitation of consents (the "Consent Solicitation" to amend the trust indenture (the "Indenture" governing its 7% convertible senior unsecured notes due December 31, 2017 (the "Notes". The terms and conditions of the Consent Solicitation are set out in the consent solicitation statement of Niko dated May 31, 2016 (the "Consent Solicitation Statement", a copy of which has been filed under the Company's profile at www.sedar.com. The receipt of the Consent Solicitation Statement by holders of the Notes (the "Noteholders" will be subject to standard mailing timelines. NKO.TO: 0.20 (unch)
Niko Announces ICSID Tribunals' Third Decision on Payment Claim
Marketwire Canada - Mon May 30, 6:30AM CDT
CALGARY, AB --(Marketwired - May 30, 2016) - Niko Resources Ltd. ("Niko" or the "Company"
(TSX: NKO) is pleased to announce that the international tribunals constituted under the Rules of the International Centre for Settlement of Investment Disputes ("ICSID" have issued the Third Decision on the Payment Claim initiated by the Company's indirect subsidiary, Niko Resources (Bangladesh) Ltd. ("NRBL", against Bangladesh Oil Gas & Mineral Corporation ("Petrobangla", a crown corporation of the Government of Bangladesh, for payments owing to NRBL by Petrobangla for gas deliveries made under the Feni Gas Purchase and Sale Agreement. NKO.TO: 0.20 (unch)
Niko Provides Update on Indian Gas Price
Marketwired - Thu Mar 31, 4:00PM CDT
Niko Resources Ltd. ("Niko" or the "Company"
(TSX: NKO) provides the following updates on the prices for current and potential future natural gas sales from the D6 Block in India: NKO.TO: 0.20 (unch)
Niko Resources Ltd. Announces Board Changes
Marketwired - Mon Mar 28, 6:30AM CDT
Niko Resources Ltd. (Niko or the Company) (TSX: NKO) wishes to announce that Mr. Kevin J. Clarke has indicated he intends to resign from his role as Chairman of the Board and interim Chief Executive Officer, effective upon the completion of the previously announced restructuring transaction described in detail in the Company's press release of March 14, 2016.
NKO.TO: 0.20 (unch)
Niko Announces Consent Solicitation With Respect to 7% Senior Unsecured Notes in Connection With Support for Previously Announced Strategic Plan
Marketwired - Thu Mar 24, 6:30AM CDT
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 Solicitation will be set out in the consent solicitation statement of Niko dated March 29, 2016 (the "Consent Solicitation Statement" which will be mailed to holders of the Notes (the "Noteholders" on or about April 15, 2016. NKO.TO: 0.20 (unch)
Niko Announces Agreements with Certain of its Senior Lenders and Noteholders to Support Strategic Plan
Marketwired - Mon Mar 14, 6:30AM CDT
Niko Resources Ltd. ("Niko" or the "Company"
(TSX: NKO) announces that it has executed a support agreement with its institutional lenders (the "Lenders" holding approximately 85% of the senior term loan facilities (the "Term Loan" and a support agreement with noteholders (the "Noteholders" holding approximately 60% of the Company's 7% senior unsecured convertible notes due December 31, 2017 (the "Notes", each in support of the Company's strategic plan of maintaining its core assets until the value of these assets can be enhanced for the benefit of all of the Company's stakeholders. The support agreements include a term sheet reflecting the key terms of the proposed new interim agreement (the "Interim Agreement" that would amend the terms of the Term Loan and outlines the proposed amendments (the "Indenture Amendments" that are required to be made to the indenture governing the Notes (the "Indenture" (together referred to as the "Hold Proposal". NKO.TO: 0.20 (unch)
Niko Announces Government of India's Decision on Marketing Including Pricing Freedom for Gas to Be Produced From Discoveries in High Pressure-High Temperature, Deepwater and Ultra Deepwater Areas
Marketwired - Fri Mar 11, 6:31AM CST
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 discoveries in high pressure high temperature, deepwater and ultra deepwater areas in India. The marketing freedom so granted would be capped by a ceiling price arrived at on the basis of landed price of alternative fuels. NKO.TO: 0.20 (unch)
