DALLAS, Aug. 8, 2005 (PRIMEZONE) -- Brian Dean, Publisher of OTCPicks.com, announced today that the website has initiated Profile Coverage of Halo Resources Ltd. (OTCBB:HLOSF). Mr. Dean spoke of Halo Resources, "Halo Resources is a success story in the making. As savvy investors know, the best gold companies to buy are those that quickly put the ore bodies into production. Recent headlines attest to Halo's success and make it a stock to watch closely."
- "Halo & Metanor Announce New High Grade Results From Underground Drilling Program at Bachelor Lake, Quebec" (Tuesday, August 2, 2005)
- "Halo Completes Phase 1 Drill Program at Duport" (Wednesday, May 11, 2005)
"Halo Resources Ltd. could quickly go from explorer to become a producer by rapidly bringing one of its gold properties into production. The signs of success that underpin Halo have been evident for months, as the Company has developed a business strategy that features a compelling investment blueprint. A potential pay day for shareholders may soon be crystallized, as Halo increases reserve estimates through rigorous drill programs and shows signs of moving from exploration status to producer."
To view the OTCPicks.com Company Profile on Halo Resources Ltd, please visit: http://www.otcpicks.com/profiles/hlosf/index.php .
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About Halo Resources Ltd.
Halo Resources Ltd is a Canadian based mineral company engaged in the acquisition of near production precious and base metal deposits. The company's initial acquisition and primary project is the Duport Gold Property located near Kenora, Ontario. The Duport Property hosts a well-defined gold deposit with exceptional exploration upside. Increasing known reserves through further drilling and advancing the Duport Gold Property towards commercial production are key objectives. Halo is operated by an experienced management team and backed by a strong network of resource exploration and mining financiers. To further diversify the Company's portfolio of advanced projects and further increase shareholder value the company is carrying out an on-going program of property identification, examination and acquisition. For more information visit their web site at www.halores.com.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. OTCPicks.com puts out a daily Newsletter to subscibers and on M2 Presswire highlighting hot OTC and OTCBB stocks. To feature a company on OTCPicks.com or in our daily Newsletter or to get further information about OTCPicks.com, please contact our publisher, Brian Dean, for more information (Telephone: 972-546-3740; Email: publisher@otcpicks.com).
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated four thousand dollars from a third party for profile coverage and other advertising and promotional services. OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.