Lightbridge to Hold Business Update & Second Quarter 2020 Earnings Conference Call on Tuesday, August 11, 2020 at 4pm ET
July 27 2020 - 4:00PM
Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel
technology company, today announced that it will release financial
results for the second quarter ended June 30, 2020 after the market
closes on Monday, August 10, 2020. Lightbridge will host a
conference call on Tuesday, August 11th at 4:00 p.m. Eastern Time
to discuss the company's financial results and provide an update on
its fuel development activities.
Interested parties can access the conference
call by calling 833-519-1295 for U.S. callers, or +1-914-800-3866
for international callers. The call will be available on the
Company’s website via webcast at
https://www.ltbridge.com/investors/news-events/ir-calendar. The
conference call will be led by Seth Grae, President and Chief
Executive Officer, and other Lightbridge executives will also be
available to answer questions.
Investors may submit written questions
via e-mail to: ir@ltbridge.com. Please submit any questions by the
end of business on August 4, 2020.
A webcast will also be archived on the Company’s
website and a telephone replay of the call will be available
approximately two hours following the call and can be accessed by
dialing 855-859-2056 from the U.S. or +1-404-537-3406 for
international callers.
About Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is an advanced
nuclear fuel technology development company based in Reston,
Virginia, United States. The Company is developing Lightbridge
Fuel™, a proprietary next-generation nuclear fuel technology for
current and future reactors, which significantly enhances the
economics, safety, and proliferation resistance of nuclear power.
Lightbridge invented, patented, and has independently validated its
technology, with goals of preventing climate change and enhancing
national security. The Company has assembled a world-class
development team. Four large electric utilities that generate
about half of America’s nuclear power have been advising
Lightbridge since 2012 on fuel development and deployment. The
Company plans to operate under a licensing and royalty model, and
based on the increased power generated by Lightbridge-designed fuel
expects to offer high ROI for operators of existing and new
reactors. For more information please visit:
www.ltbridge.com.
To receive Lightbridge Corporation updates via e-mail, subscribe
at https://www.ltbridge.com/investors/news-events/email-alerts
Lightbridge is on Twitter. Sign up to follow
@LightbridgeCorp at http://twitter.com/lightbridgecorp.
Forward Looking Statements
With the exception of historical matters, the
matters discussed in this news release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements regarding the timing and
outcome of research and development activities, other steps to
commercialize Lightbridge Fuel™ and future governmental support and
funding for nuclear energy. These statements are based on current
expectations on the date of this news release and involve a number
of risks and uncertainties that may cause actual results to differ
significantly from such estimates. The 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; market competition; dependence on strategic
partners; demand for fuel for nuclear reactors; the Company's
ability to manage its business effectively in a rapidly evolving
market; changes in the political environment; risks associated with
the further spread of COVID-19, including the ultimate impact of
COVID-19 on people, economies, and the Company’s ability to access
capital markets; the outcome of the arbitration with the Company’s
former joint venture partner and dissolution of the Enfission joint
venture; as well as other factors described in Lightbridge's
filings with the U.S. Securities and Exchange Commission.
Lightbridge does not assume any obligation to update or revise any
such forward-looking statements, whether as the result of new
developments or otherwise, except as required by law. Readers are
cautioned not to put undue reliance on forward-looking statements.A
further description of risks and uncertainties can be found in
Lightbridge’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2019 and in its subsequent reports on Form 10-Q,
including in the sections thereof captioned “Risk Factors” and
“Forward-Looking Information and Factors That May Affect Future
Results”, as well as in its subsequent reports on Form 8-K, all of
which are filed with the U.S. Securities and Exchange Commission
and available at http://www.sec.gov/ and www.ltbridge.com.
Investor Relations Contact:Matthew
AbenanteDirector of Investor RelationsTel: 646-828-8710
ir@ltbridge.com
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