Initiation of Equity Development Research Coverage

Halo Minerals PLC (AIM: HALO), the copper development company focused on extracting critical minerals from legacy mining waste, is pleased to announce the initiation of independent equity research coverage by Equity Development.

The research provides investors and other market participants with an independent analytical framework through which to assess the Company, its development strategy, and the potential value drivers associated with the Playa Verde project.

The initiation research note outlines, among other matters, the investment case for Halo Minerals, the copper market backdrop, Chile as a mining jurisdiction, the technical and environmental characteristics of tailings reprocessing, Halo Minerals's Playa Verde project, and potential upside scenarios associated with the Company's resource base and development pathway.

The research has been written by leading mining analyst Nick Hatch and is available on Equity Development's website at:

A copy or link to the research note will also be made available on the Company's website at:

Andrew Dennan, Chief Executive Officer of Halo Minerals, commented:

"We are pleased to confirm the initiation of research coverage by Equity Development. Since admission to AIM, Halo Minerals has continued to progress its strategy of advancing the Playa Verde copper tailings project towards final investment decision, while also seeking to broaden investor awareness of the Company and the scale of the opportunity.

We believe that high-quality independent research will assist investors in better understanding Halo Minerals' differentiated position: a copper development company focused on legacy tailings reprocessing, with the potential to combine strategic copper production with environmental detoxification and/or remediation, and a lower-risk development pathway.

We look forward to working with Equity Development as we continue to communicate the Halo Minerals investment case to a wider audience."