Modun Resources (ASX:MOU) has been granted a trading halt by the Australian Stock Exchange pending a material announcement regarding the Nuurst Coal Deposit in central Mongolia.
Modun's shares are currently in pre-open.
During the September quarter 2014 the company continued to focus on sourcing a local partner to help fund the development of the project.
Nuurst is a thermal coal project, which encompasses a 2,497 hectare Mining Licence area.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Friday 21st November.
News: Modun Resources to divulge material details on Nuurst coal deposit
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