Halo Resources Ltd.: Results of Annual General Meeting

Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) ("Halo" or the "Company")
is pleased to announce that at the Company's Annual General Meeting (the
"Meeting") held November 10, 2011, Ms. Lynda Bloom and Messrs. Derek Cathcart,
Marc Cernovitch, Nick DeMare, Tom Healy, William Lee, and Gary Ostry were
elected as directors of the Company. 


At a directors meeting held on November 23, 2011, Mr. Marc Cernovitch was
appointed as President and CEO, Mr. Nick DeMare as CFO, Mr. Tom Healy as Chief
Operating Officer and Mr. Harvey Lim as Corporate Secretary of the Company. Ms.
Lynda Bloom has elected to focus on growth of her geochemical consulting
company, Analytical Solutions Ltd., and as a result has not taken a management
position with the Company. 


"I am pleased to have worked with the Halo team that brought the Sherridon VMS
Property from an early-stage property consolidation play to an advanced project
with significant copper-zinc resources," says Lynda Bloom. "As a result we were
able to attract HudBay Minerals as a senior partner as well as a significant
company shareholder. HudBay holds options to make cash payments of $2.4 million
and spend $6.35 million to earn 51% of the area hosting known resources. With
HudBay Minerals as the operator in Manitoba, Halo can strategically evaluate
opportunities elsewhere."


The Board thanks Ms. Bloom for her efforts in growing the Company and wishes her
well in her future endeavours. Ms. Bloom will be providing consulting services
to the Company and remains a valued member of the Board.


All items put forth at the Meeting were approved by the shareholders including
an ordinary resolution to ratify the Company's stock option plan, pursuant to
which the Company may grant stock options up to 10% of the issued and
outstanding common shares at the time of the grant. 


ON BEHALF OF THE BOARD OF DIRECTORS

Marc Cernovitch, Chairman

About Halo Resources Ltd.

Halo is a Canadian-based resource company with base metal and gold assets. The
Sherridon VMS Property is a combination of mature and grassroots volcanogenic
massive sulphide (VMS) copper, zinc and gold exploration opportunities covering
over 20 square kilometers. A 2010 NI43-101 compliant copper-zinc resource, for
four of the known deposits in the district, included Indicated Resources of 6.5
million tonnes grading 0.85% copper and 1.22% zinc and Inferred Resources of
15.9 million tonnes grading 0.68% copper and 0.84% zinc. HudBay holds options on
half of the Sherridon VMS Property to earn 51% and controls 19% of the Company's
shares. The Company has a joint venture interest in the Duport Property, an
advanced gold property near Kenora, Ontario and a 60:40 joint venture
partnership with Red Lake Gold Mines Partnership (RLGMP), a partnership between
Goldcorp Canada Ltd. and Goldcorp Inc. (TSX:G)(NYSE:GG) at West Red Lake
covering 3,500 hectares. 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.