Nikos announced today that Mr. James S. Borland has agreed to join the Company's board of directors. Mr. Borland is currently a director of Strait Minerals Inc. and Greencastle Resources Ltd. and has also been a director of Minefinders Corp., Acadian Mining Corp., Tempus Corp., Prelim Capital Inc. and Vistior Capital Ltd. The Company also announced that it will complete a consolidation of its share capital on the basis of
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