UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 6-K

    REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
                       THE SECURITIES EXCHANGE ACT OF 1934

                        For the month of DECEMBER, 2007.

                        Commission File Number: 0-30196


                               HALO RESOURCES LTD
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                 (Translation of registrant's name into English)

 #1305 - 1090 West Georgia Street, Vancouver, British Columbia, V6E 3V7, Canada
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                    (Address of principal executive offices)


Indicate by check mark whether the registrant  files or will file annual reports
under cover of Form 20-F or Form 40-F:   FORM 20-F  [X]   FORM 40-F  [ ]

Indicate by check mark if the  registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): _______

Indicate by check mark if the  registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): _______

Indicate by check mark whether the  registrant  by  furnishing  the  information
contained  in this Form,  is also  thereby  furnishing  the  information  to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES [ ] NO [X]

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3- 2(b): 82-_____________


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf of the
undersigned, thereunto duly authorized.

                                           HALO RESOURCES LTD.
                                           -------------------------------------

Date:  December 7, 2007                    /s/ Marc Cernovitch
      -----------------------------        -------------------------------------
                                           Marc Cernovitch
                                           Chairman





                               HALO RESOURCES LTD.
                             #2900A - 25 KING STREET
                                YORK, ON M9N 1K8
                     TEL: (416) 368-7045 FAX: (416) 368-9805
                      TSXV SYMBOL: HLO OTCBB SYMBOL: HLOSF
                             FRANKFURT EXCHANGE: HRL
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             HALO ANNOUNCES INCREASES FINANCING TO CDN$3.65 MILLION

TORONTO,  ONTARIO,  DECEMBER 07, 2007 - LYNDA BLOOM,  PRESIDENT  AND CEO OF HALO
RESOURCES LTD. (THE  "COMPANY")(TSXV:HLO;  OTC.BB:HLOSF;  FSE:HRL) is pleased to
announce that due to increased  demand it has agreed to increase the size of the
previously announced private placement from $2M to $3.6M.

The additional  units and  flow-through  shares will be priced the same price as
the  balance of the  private  placement.  The terms of the  flow-through  shares
remain  unchanged in that up to 4,675,000 flow through shares ("FT SHARES") at a
price of $0.47 per FT Shares,  and up to 3,500,000  non-flow through units ("NON
FT UNIT") at a price of $0.42 per Non-FT Unit, for total gross proceeds of up to
$3,652,584.  Each FT Shrares will consist of one flow through common share. Each
Non FT Unit will consist of one common share and one-half share purchase warrant
("$0.60  WARRANT").  Each full $0.60 Warrant  entitles the holder to acquire one
common  share prior to the Expiry Time at a price of $0.60 per share.  A finders
fee is payable on a portion of this placement.

The  completion  of the  financing  is  subject  to  receipt  of all  applicable
regulatory approvals and consents, including the approval of the TSXV.

The proceeds of the financing will be used for the  exploration of the Company's
mineral properties in Canada and for general corporate purposes.

 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
Lynda Bloom, President and CEO

For further information, please contact:
Lynda Bloom, President & CEO or Marc Cernovitch, Chairman
Halo Resources Ltd.
Tel: 416-368-7045
Fax: 416-368-9805
Toll Free: 1-866-841-0068
lbloom@halores.com
________________________________________________________________________________

The TSX Venture  Exchange  does not accept  responsibility  for the  adequacy or
accuracy  of  this  release.   This  news  release  presents   "forward  looking
information"  within the meaning of the applicable Canadian securities laws that
involve inherent risks and uncertainties.  Forward-looking information includes,
but is not  limited  to,  information  with  respect  to  the  proposed  private



                                     - 2 -


placement.  Generally,  forward-looking information can be identified by the use
of forward-looking  terminology such as "plans", "expects" or "does not expect",
"is  expected",  "budget",  "scheduled",  "estimates",  "forecasts",  "intends",
"anticipates"  or "does not  anticipate",  or "believes",  or variations of such
words and  phrases  or state that  certain  actions,  events or  results  "may",
"could",  "would",  "might"  or  "will  be  taken",  "occur"  or "be  achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and  other  factors  that may  cause  the  actual  results,  level of  activity,
performance  or  achievements  of Halo to be  materially  different  from  those
expressed  or implied by such  forward-looking  information,  including  but not
limited to: risks related to  financings;  risks related to the  integration  of
acquisitions;  risks  related to joint  venture  operations;  actual  results of
current exploration activities;  actual results of current or future reclamation
activities;  conclusions of economic evaluations;  changes in project parameters
as plans  continue to be refined;  future prices of gold and other  minerals and
metals; possible variations in ore reserves, grade or recovery rates; failure of
equipment or processes to operate as anticipated; accidents, labour disputes and
other  risks of the  mining  industry;  and  delays  in  obtaining  governmental
approvals or financing  or in the  completion  of  development  or  construction
activities.  Although the management and officers of Halo Resources Ltd. believe
that the expectations  reflected in such  forward-looking  information are based
upon  reasonable  assumptions and have attempted to identify  important  factors
that could cause actual  results to differ  materially  from those  contained in
forward-looking  information,  there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ  materially  from those  anticipated  in such  information.  Accordingly,
readers should not place undue reliance on forward-looking information Halo does
not  undertake  to update any  forward-looking  information  referenced  herein,
except in accordance with applicable  securities laws. Trading in the securities
of Halo Resources Ltd. should be considered highly speculative.