WASHINGTON, March 12, 2010 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq:LTBR), the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for civil nuclear energy programs, today announced it will be added to the WNA Nuclear Energy Index, a capitalization-weighted, float-adjusted index of the most prominent nuclear energy stocks in the world. Lightbridge will be one of three new additions to the index, beginning March 21, changing the number of components to 65.
"We are excited to be included in the prestigious WNA Nuclear Energy Index (WNAI)," said Seth Grae, Lightbridge CEO. "We look forward to increasing our visibility within the nuclear energy industry and our accessibility to a broader investor base at a time when the dialogue in Washington, and in other regions around the world, is focused closely on the tangible benefits of nuclear energy and its future use and production."
To be included in the WNAI, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
About Lightbridge Corporation
Lightbridge is a U.S. nuclear energy company based in McLean, VA. with operations in Abu Dhabi, Moscow and London. The Company develops non-proliferative nuclear fuel technology and provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Lightbridge's breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way towards a sustainable energy future. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. It leverages those broad and integrated capabilities by offering their services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.
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