Shares in Enerji have soared ahead of the stock being placed in a trading halt this morning. The company said it expected to release an announcement "in respect to the status of the conditions precedent to the transaction with ECM Pty Ltd". Last month, Enerji announced it had signed a $4.5 million funding deal and strategic partnership agreement with the Henderson-based resources contractor. The funding deal comprised a $2.5 million placement and a $2 million convertible note facility. Under the terms of the deal, ECM's chief executive and managing director Simon Higgins would join Enerji's board and former Pacific Energy boss Adam Boyd would become chief executive and managing director of the company, filling the vacancy left by Andrew Vlahov, who left last month. Under the strategic partnership and funding deal, the two companies would work together to complete the Jundee waste heat power project for Northern Star Resources.