Halo announces pricing of offering of units

Halo Resources Ltd. has set the price of the Units and Flow-Through Shares. Each Unit is comprised of one common share and one-half of one common share purchase warrant and will be sold for $0.25, with each whole warrant being exercisable to acquire one common share of Halo for a period of 18 months after the date of issuance at a price of $0.32 per share. Each Flow-Through Share will be sold for $0.25 per share. The Offering is being conducted by Versant Partners Inc. and Canaccord Capital Corporation.

Halo will use the net proceeds of the Offering for exploration of its Sherridon VMS Mineral property in Manitoba and its West Red Lake property in Ontario, for holding costs at its Duport Property in Ontario and for general corporate purposes.

Closing of the Offering is expected to occur on or about April 29, 2008 and is subject to certain conditions, including but not limited to, receipt of all necessary securities regulatory approvals, including the approval of the TSX Venture Exchange.