Halo Resources Ltd.
Halo Resources Ltd.: HALO GRADUATES TO TIER 1
Halo Resources Ltd. / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- February 14th, 2008 - Toronto, Ontario – Marc Cernovitch, Chariman of Halo Resources Ltd. (TSX.V:HLO; FSE:HRL) is pleased to announce that in accordance with TSXV Policy 2.5, that the company has met the requirements for a Tier 1 issuer. Effective at market open, Thursday, Feb. 14, 2008, the company's tier classification will change from Tier 2 to Tier 1. As defined in TSXV Policy 2.1, a Tier 1 listing represents the TSXV's premier tier and is reserved for the most advanced public companies with the most significant financial resources. A Tier 1 listing permits the Company to take advantage of a more favourable regulatory environment and financing mechanisms. It also increases the opportunity for additional institutional participation in the Company. About Halo Resources Ltd. Halo is a Canadian-based resource company focused on the acquisition of near production base and precious base metal deposits. Currently the Company owns or has an interest in 3 projects: Duport, which is an advanced stage gold project; Red Lake, which is a gold exploration project, and the Sherridon project that is a combination of mature and grassroots volcanogenic massive sulphide (VMS) copper, zinc and gold exploration opportunities. The Company is operated by an experienced management team and backed by a strong network of mining financiers. The Company's growth strategy is to develop a diversified portfolio of advanced mining projects. ON BEHALF OF THE BOARD Marc Cernovitch, Chairman Halo Resources Ldt. Contact Germany: Value Relations GmbH T. 069 / 959246 – 11 F. 069 / 959246 – 20 HALO@ir-services.de www.halores.com 14.02.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Halo Resources Ltd. Suite 1280, 625 Howe Street V6C 2T6 Vancouver, BC Kanada Phone: +1 604 484 0068 Fax: +1 604 484 0069 E-mail: info@halores.com Internet: www.halores.com ISIN: CA40637D1087 WKN: A0DQZ4 Listed: Freiverkehr in Berlin; Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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