RESTON, Va., April 10, 2019 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), a nuclear fuel developer, today announced that Seth
Grae, Chief Executive Officer of Lightbridge, will participate on a panel discussion, entitled, “Creating A Competitive Energy
Workforce,” being held on Wednesday, April 17th at 4:15 pm ET at the 2019 Virginia Conference on Energy &
Infrastructure. Sponsors of the event include Dominion Energy and Framatome. At the conference, business leaders and policy makers
will discuss energy and infrastructure’s role to make Virginia more competitive.
Panelists will discuss how businesses and Virginia’s education system are working together to train a new
generation of workers in the energy sector and what skills are required to be successful in this everchanging climate.
About Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The
Company develops proprietary next generation nuclear fuel technologies for current and future reactors, which significantly
enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. In January 2018, Lightbridge
and Framatome, Inc. formed a 50-50 joint venture, Enfission, LLC, to develop, license, manufacture, and sell nuclear fuel
assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Enfission
has the exclusive rights to this technology and is responsible for the development of manufacturing processes and fuel assembly
designs for pressurized water reactors (PWRs), boiling water reactors (BWRs), water-cooled small modular reactors, and water-cooled
research reactors developed around this intellectual property. PWRs and BWRs constitute the most widely used reactor types in the
world. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel
development and deployment. In addition to distributions from Enfission based on the parties’ ownership interest in the joint
venture, Lightbridge anticipates receiving future licensing revenues in connection with sales by Enfission of nuclear fuel
incorporating its intellectual property. Lightbridge also provides comprehensive advisory services for established and emerging
nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information
please visit: www.ltbridge.com.
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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 Company's joint venture
operating agreement and other binding agreements with Framatome, the expected cooperation between Framatome and the Company, the
ability of commercial nuclear utilities to generate more electricity from their nuclear power plants using Lightbridge fuel, and
that the economic and safety benefits of our fuel will encourage greater use of nuclear power. 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 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; 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. Readers are cautioned not to
put undue reliance on forward-looking statements.
Investor Relations Contact:
David Waldman/Natalya Rudman
Tel. +1 855-379-9900
ir@ltbridge.com
