Lightbridge to Hold Business Update & First Quarter 2020 Earnings Conference Call on Thursday, May 14, 2020 at 4pm ET
April 30 2020 - 8:00AM
Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel
technology company, today announced that it will release its
financial results for the first quarter ended March 31, 2020 after
the market closes on Wednesday, May 13, 2020. Lightbridge will host
a conference call on Thursday, May 14th 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 877-407-3088 for
U.S. callers, or 201-389-0927 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 May 5, 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, through August 18, 2020, and can be accessed by
dialing 877-660-6853 from the U.S. or 201-612-7415 for
international callers and using the Conference ID#
13702830.
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 advise Lightbridge 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
StatementsWith 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:Porter, LeVay & Rose, Inc.Matthew AbenanteTel:
212-564-4700 ir@ltbridge.com
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