TORONTO, ONTARIO — (Marketwire) — 03/07/13 — Halo Resources Ltd. (TSX VENTURE: HLO)(FRANKFURT: HRLN) ("Halo") and QRS Capital Corp. (TSX VENTURE: QRS) ("QRS") announce that they have entered into a letter of intent to merge and form a combined exploration and development company that will focus on the exploration of the 7,960 hectare Aurum Copper Project (the "Aurum Project") in Chile recently optioned by QRS (see news release of QRS dated February 19, 2013 ).
