Lightbridge to Hold Business Update & First Quarter 2023 Earnings Conference Call on Thursday, May 11 at 4 p.m. ET
April 27 2023 - 8:00AM
Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel
technology company, will announce its financial results for the
first quarter ended March 31, 2023, on Wednesday, May 10, after the
market close. Lightbridge will host a conference call on Thursday,
May 11, at 4:00 PM ET with the investment community to discuss the
Company’s financial results and provide an update on its fuel
development activities.
CONFERENCE CALL & AUDIO
WEBCAST
The conference call will be led by Seth Grae,
President, and Chief Executive Officer, with other Lightbridge
executives available to answer questions.
Investors may submit written questions
by May 7th via e-mail to:
ir@ltbridge.com.
To access the call by phone, please register at
this link (registration link), and you will be
provided with dial-in details. To avoid delays, we encourage
participants to dial into the conference call fifteen minutes
before the scheduled start time. The webcast can be accessed at the
following link (webcast).
A webcast replay will also be available for a
limited time at the following link (webcast
replay).
About Lightbridge
CorporationLightbridge Corporation (NASDAQ: LTBR) is
focused on developing advanced nuclear fuel technology essential
for delivering abundant, zero-emission, clean energy and providing
energy security to the world. The Company is developing Lightbridge
Fuel™, a proprietary next-generation nuclear fuel technology for
existing light water reactors and pressurized heavy water reactors,
significantly enhancing reactor safety, economics, and
proliferation resistance. The Company is also developing
Lightbridge Fuel for new Small Modular Reactors (SMRs) to bring the
same benefits plus load-following with renewables on a zero-carbon
electric grid. Lightbridge has secured a long-term strategic
partnership with Idaho National Laboratory (INL), the United
States' lead nuclear energy research and development laboratory, in
collaboration with the U.S. Department of Energy (DOE). DOE’s
Gateway for Accelerated Innovation in Nuclear (GAIN) program has
twice awarded Lightbridge to support the development of Lightbridge
Fuel. An extensive worldwide patent portfolio backs Lightbridge’s
innovative fuel technology. Lightbridge is included in the Russell
Microcap® Index. 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.
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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
With the exception of 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 anticipated benefits of
Lightbridge Fuel™ in existing light water reactors, pressurized
heavy water reactors and SMRs. 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; the Company’s ability to
fund general corporate overhead and outside research and
development costs; market competition; our ability to attract and
retain qualified employees; dependence on strategic partners;
demand for fuel for nuclear reactors; the Company's ability to
manage its business effectively in a rapidly evolving market; the
availability of nuclear test reactors and the risks associated with
unexpected changes in the Company’s fuel development timeline; the
increased costs associated with metallization of our nuclear fuel;
public perception of nuclear energy generally; changes in the
political environment; risks associated with war in Europe; changes
in the laws, rules and regulations governing the Company’s
business; development and utilization of, and challenges to, our
intellectual property; risks associated with potential shareholder
activism; potential and contingent liabilities; as well as other
factors described in Lightbridge's filings with the 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 31st, 2022, and in its other filings
with the Securities and Exchange Commission, including in the
sections thereof captioned “Risk Factors” and “Forward-Looking
Statements”, all of which are available at
http://www.sec.gov/ and www.ltbridge.com.
Investor Relations Contact:Matthew Abenante,
IRCDirector of Investor Relations Tel: +1 (347) 947-2093
ir@ltbridge.com
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