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Niko Resources Ltd (NKO.TO)

NKO.TO on Toronto Stock Exchange

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30 Nov 2016
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Fri, Nov 25 2016

BRIEF-Niko Resources says Robert Ellsworth Jr. to resign as interim CEO and director

* Niko resources ltd says robert s. Ellsworth jr. Will be resigning from his role as interim chief executive officer and director of company

BRIEF-Niko Resources says continues to pursue a strategic plan

* Niko Resources - with respect to natural gas pricing applicable to undeveloped deep water fields in India, we have re-launched sales process for interest in D6 block

BRIEF-Niko announces settlement agreement with Diamond Offshore

* Niko Resources-Executed pact with units of Diamond offshore about settlement of outstanding claims under drilling contracts and diamond settlement pact

BRIEF-Niko Resources appoints Robert Ellsworth Jr as interim CEO

* Appointment of Christopher H. Rudge as new chairman of board, effective immediately

BRIEF-Niko Resources provides update on Petrobangla

* To date, petrobangla has not complied with third decision on payment claim

BRIEF-Niko announces commencement of consent solicitation

* Commenced a solicitation of consents to amend trust indenture governing its 7% convertible senior unsecured notes due December 31, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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