Oct 31 (Reuters) - Cradle Resources Ltd :
* CRADLE TO ACQUIRE AUSTRALIAN GEOTHERMAL ASSETS
* CONSIDERATION FOR ACQUISITIONS IS 220.4 MILLION CRADLE SHARES
* SIGNS BINDING SHARE SALE AGREEMENTS TO ACQUIRE 84% OF ALL ISSUED SHARES IN VOLT GEOTHERMAL PTY LTD AND WITHIN ENERGY PTY LTD
* WILL COMPLETE A A$6 MILLION CAPITAL RAISING (BEFORE COSTS) TO FUND A WORK PROGRAM AND FOR WORKING CAPITAL PURPOSES.
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