Nikos Explorations Ltd. announces a planned non-brokered private placement of up to 4,000,000 units at a price of $0.20 per unit for gross proceeds of $800,000. Each unit consists of one flow-through common share and one half of a non-flow through warrant. Each full warrant entitles the holder to purchase one non-flow through common share at a price of $0.40 for one year from the date of issue. A
finder’s fee of 8% will be paid on a portion of the financing.

Proceeds of the offering will be used to fund exploration on the company’s Ontario copper-gold properties.

Nikos Explorations Ltd. is an exploration company focused on the acquisition, exploration and development of copper-gold projects in the Americas and is currently exploring three Ontario properties for their iron-oxide copper gold potential.

For more information please contact:

Roger Moss, President 416-516-6050 or
Peter Dunfield, Director, 604-684-6264

Or visit our website at: www.nikosexplorations.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.