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Earth’s Energy to Release 73 Million Shares from Voluntary Escrow

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Earth’s Energy to Release 73 Million Shares from Voluntary Escrow

Confident Investing Starts Here:

The latest update is out from Cradle Resources Limited ( (AU:EE1) ).

Earth’s Energy Limited has announced the release of 73,773,673 ordinary shares from voluntary escrow on 17 February 2025, which are already quoted on the ASX. This move may influence the liquidity of the company’s shares and reflects strategic decisions to potentially increase trading activity, impacting stakeholders and possibly enhancing market positioning within the geothermal energy sector.

More about Cradle Resources Limited

Earth’s Energy Limited (ASX: EE1) is a leading geothermal explorer and developer in Australia, focusing on the production of green baseload power. The company holds significant interests, including 84% in the Paralana and Flinders West geothermal projects in South Australia and other projects in Queensland. These projects are among the most advanced geothermal initiatives in Australia, surrounded by existing infrastructure, such as powerlines and substations, and are also being assessed for carbon capture feasibility.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €4.08M

Find detailed analytics on EE1 stock on TipRanks’ Stock Analysis page.

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