Niko Resources Ltd. has announced the resignation of Kevin Clarke as chairman of the board and interim CEO. The company announced the appointment of Mr. Robert S. Ellsworth Jr. to its Board, effective immediately. Mr. Ellsworth previously served as the Global Co-Head and Chief Operating Officer of BlackRock's $20+ billion, multi-manager hedge fund business.

The compoany also announced that it has accepted the resignations of Messrs. Vivek Raj and Steven K. Gendal as directors from the Board.