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Lightbridge Appearance Tonight on Hannity Postponed

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Lightbridge Corporation (Nasdaq: LTBR) announced its CEO, Seth Grae, was scheduled for an interview on FOX News Channel’s "Hannity" show. However, the interview has been postponed due to breaking news, with an updated announcement to follow. Lightbridge is focused on developing advanced nuclear fuel technologies, particularly Lightbridge Fuel™, for Small Modular Reactors and existing light-water reactors. The company has received support from the U.S. Department of Energy and holds a diverse patent portfolio. Lightbridge is included in the Russell Microcap® Index.

Positive
  • Awarded funding by the U.S. Department of Energy to support Lightbridge Fuel development.
  • Possesses an extensive worldwide patent portfolio.
Negative
  • Interview postponement might limit immediate visibility and market engagement.

RESTON, Va., March 09, 2022 (GLOBE NEWSWIRE) -- Earlier today, Lightbridge Corporation (Nasdaq: LTBR), announced that Seth Grae, President and CEO of Lightbridge, would be interviewed on FOX News Channel’s “Hannity” show, hosted by Sean Hannity tonight at 9pm ET.

Producers from the Hannity show have informed Lightbridge that breaking news will force the interview to be rescheduled. Once a new date has been scheduled, we will issue an updated announcement.

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 in preventing climate change. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for Small Modular Reactors, as well as existing light-water reactors, which significantly enhances reactor safety, economics, and fuel proliferation resistance. To date, Lightbridge has been awarded twice by the U.S. Department of Energy’s Gateway for Accelerated Innovation in Nuclear program to support development of Lightbridge Fuel™. Lightbridge’s innovative fuel technology is backed by an extensive worldwide patent portfolio. 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.

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 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; 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, including small modular 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 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; 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, 2020 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, IRC
Director of Investor Relations
Tel: +1 (646) 828-8710
ir@ltbridge.com


FAQ

When is Seth Grae's interview on FOX News Channel regarding Lightbridge Corporation?

The interview has been postponed, and a new date will be announced.

What is the focus of Lightbridge Corporation's technology?

Lightbridge Corporation develops advanced nuclear fuel technology, specifically Lightbridge Fuel™, for Small Modular Reactors and light-water reactors.

Is Lightbridge Corporation receiving government support?

Yes, Lightbridge Corporation has been awarded funding by the U.S. Department of Energy.

What stock symbol is associated with Lightbridge Corporation?

The stock symbol for Lightbridge Corporation is LTBR.

Lightbridge Corp.

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