Halo Grants HudBay One Year Extension

Marc Cernovitch, President and CEO of Halo Resources Ltd. ("Halo", the
"Company") (TSX VENTURE:HLO)(FRANKFURT:HRLN), reports that Halo has recently
granted HudBay Minerals Inc. (TSX:HBM) a one year extension for all remaining
cash payments and exploration commitments under the West Sherridon option
agreement. HudBay advised Halo that it has not yet received the permits required
to complete the first year of exploration commitments under the agreement. The
extension was granted to provide HudBay with additional time to secure the
required permits and commence exploration of a number of promising targets.


Under this agreement, HudBay proposes to test for a mineable copper-zinc deposit
focusing on two areas adjacent to the historic East and West Sherridon Mines.
The proposed $1.5 million exploration program was originally planned to commence
in the fall of 2012 but this amendment to the option agreement allows HudBay to
defer the commencement of drilling to the winter months of 2013 and minimize
potential environmental impact.


ON BEHALF OF THE BOARD OF DIRECTORS

Marc Cernovitch, President & CEO

About Halo Resources Ltd.

Halo is a Canadian-based resource company focused on the acquisition of near
production base and precious base metal deposits. The Company's main focus is
the 200 sq. km. Sherridon VMS Property, a combination of mature and grassroots
volcanogenic massive sulphide (VMS) copper, zinc and gold exploration
opportunities. The Company is the operator for contiguous joint venture
properties in West Red Lake covering 26 sq. km. The Company is operated by an
experienced management team with a growth strategy to develop a diversified
portfolio of advanced mining projects.


Forward-Looking Statements

This Company Press Release may contain certain "forward-looking" statements and
information relating to the Company that are based on the beliefs of the
Company's management as well as assumptions made by and information currently
available to the Company's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic conditions, customer
relations, relationships with vendors and strategic partners, the interest rate
environment, governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. Should any one or
more of these risks or uncertainties materialize, or should any underlying
assumptions prove incorrect, actual results may vary materially from those
described herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Halo Resources Ltd.
416-619-7539
[e-mail]