Cradle Resources plans $6 million capital raise

Cradle Resources plans to undertake a capital raise of $6 million to fund the work programme for the acquired geothermal projects and for working capital, subject to shareholder approval. The company has already raised $850,000 at $0.02 per share.

“Cradle plans to undertake a capital raise of $6 million to fund the Projects work programme and for working capital purposes, subject to shareholder approval for the transaction”

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