2022-10-04 | NDAQ:LTBR | Press release

RESTON, Va., Oct. 04, 2022 (GLOBE NEWSWIRE) — Lightbridge Company (Nasdaq: LTBR), an advanced nuclear fuel technology company, is pleased to announce that Seth Grae, Chairman and CEO of Lightbridge, is scheduled to be interviewed on GB News’ “GB Newsday Live” tomorrow around 7am ET.

Mr. Grae will discuss the role nuclear must play in solving the global energy crisis, the current geopolitical situation with nuclear, how nuclear fuel is a better energy option and what makes Lightbridge Fuel™ so unique.

Mr. Grae has been interviewed several times recently, including:

To view the full gallery of recent media interviews, please visit our Media Gallery.

About Lightbridge Corporation

Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company positioned to enable carbon-free energy applications that will be essential to preventing climate change. The company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for small modular reactors, as well as existing large light-water reactors, which significantly improves safety, economics and proliferation resistance. To date, Lightbridge has twice been recognized by the US Department of Energy’s Gateway for Accelerated Innovation in Nuclear program for supporting the development of Lightbridge Fuel™. Lightbridge’s innovative fuel technology is backed by an extensive global patent portfolio. Lightbridge is included in the Russell Microcap® Index. For more information, please visit: www.ltbridge.com.

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For an introductory video on Lightbridge, please visit www.ltbridge.com or click here to watch the video.

Forward-looking statements

Except for historical matters, the matters discussed herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and results of research and development activities, other steps to commercialize Lightbridge Fuel™ and future government support and funding for nuclear energy. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties that could cause actual results to differ materially from these estimates. Risks include, but are not limited to: the Company’s ability to commercialize its nuclear fuel technology; the degree of market adoption of the Company’s product and service offerings; the company’s ability to fund corporate overhead and external research and development costs; market competition; our ability to attract and retain qualified employees; dependence on strategic partners; fuel demand for nuclear reactors, including small modular reactors; the Company’s ability to effectively manage its business in a rapidly changing market; the availability of nuclear test reactors and the risks associated with unexpected changes in the Company’s fuel development schedule; increased costs associated with the metallization of our nuclear fuel; general public perception of nuclear energy; changes in the political environment; risks associated with the spread of COVID-19, including the ultimate impact of COVID-19 on people, economies and the Company’s ability to access capital markets; war-related risks in Europe; risks associated with the limited availability of conversion and enrichment services for nuclear fuel production; changes in laws, rules and regulations governing the Company’s business; development and use of, and challenges to, our intellectual property; risks associated with potential shareholder activism; potential and contingent liabilities; and other factors described in Lightbridge’s filings with the Securities and Exchange Commission. Lightbridge undertakes no obligation to update or revise these forward-looking statements, whether as a result of new developments or otherwise, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.

A more detailed description of the risks and uncertainties can be found in Lightbridge’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and in its other filings with the Securities and Exchange Commission, including in the sections thereof entitled “Risk Factors” and “Forward-Looking Statements”, all available at http://www.sec.gov/ and www.ltbridge.com.

Contact with Investor Relations:

Matthieu Abenante, CRI

Investor Relations Director

Tel: +1 (646) 828-8710

ir@ltbridge.com

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Luisa D. Fuller