Rumble Resources Ltd's (ASX:RTR) shares are in pre-open this afternoon following the ASX granting the company a trading halt.
Prior to the halt, Rumble's shares last traded 16.1% higher on the day at $0.072, which is more than double their valuation from two months ago.
Rumble requested the halt pending details regarding an earn-out joint venture agreement, and a response by the company to an ASX Price Query letter.
The halt will remain in place until the opening of trade on Monday 2nd October 2017, or earlier if an announcement is made to the market.