CALGARY, AB--(Marketwired - November 25, 2016) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) announces the following changes to the management and Board of Directors of the Company:
In commenting on these changes, Mr. Ellsworth stated "During the calendar year 2016, the Company has achieved a number of important milestones, including the completion of its evaluation of a permanent Chief Executive Officer to lead the company in executing its strategic plan. The months ahead will present challenges and opportunities as the Company seeks to satisfactorily resolve its ongoing disputes in Bangladesh and monetize certain core assets. Bill Hornaday is a highly qualified and experienced professional and I am confident that he, together with the Board of Directors and senior management, will effectively lead the Company in navigating these challenges and realizing these opportunities."
For further information, please contact:
Niko Resources Ltd.
(403) 262‐1020
Glen Valk
VP Finance & CFO
or visit the Company's website at www.nikoresources.com