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Niko Resources Ltd makes board changes

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World Pipelines,

Niko Resources Ltd has announced that Mr. Kevin J. Clarke intends to resign from his role as Chairman of the Board and interim CEO.

The company has also announced the appointment of Mr. Robert S. Ellsworth Jr. to its Board, effective immediately. Mr. Ellsworth holds a Bachelor of Arts degree in Business Administration from the University of Washington, and is a Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA).

Vivek Raj and Steven K. Gendal have also resigned as directors from the Board.

The Board now is made up of Kevin J. Clarke, E. Alan Knowles, William T. Hornaday, Christopher Rudge, and Robert S. Ellsworth Jr.

Edited from press release by

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