Nikos Explorations Ltd. (the “Company”) is pleased to announce that Mr. Jeffrey Giesbrecht has joined the Board of Directors. Mr. Giesbrecht is a mining and securities lawyer and is Secretary of Amerigo Resources Ltd., a Toronto Stock Exchange listed company that holds five million shares of the Company.

For further information, please contact:

Roger Moss, President, Tel: (416) 516-6050
E-Mail: roger.moss@sympatico.ca

Peter Dunfield, Director, Tel: (604) 684-6264

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