Cradle Resources acquired an 84% interest in Volt Geothermal and Within Energy, collectively known as the "Project," encompassing Queensland and South Australia geothermal assets.

After completing the acquisitions, Matt Kay was appointed as the managing director.

Shareholders have also approved a name change to "Earths Energy Limited" (ASX:EE1), effective upon requotation.

Trading on the ASX is set to recommence in mid-January 2024.