RESTON, Va., Oct. 13, 2016 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear fuel development company, announced today that senior executives of Lightbridge Corporation are scheduled to present and participate in meetings with experts on global energy development with some of the world’s most influential energy companies and organizations at the following industry conferences:
Test Reactor User Needs Meeting
Date: Friday, October 28, 2016
Time: to be announced
Location: Argonne National Laboratory, Argonne, outside Chicago, Illinois
Speaker: Jim Malone, Chief Nuclear Fuel Development Officer
Subject of the panel: The requirements and specific needs for an irradiation test reactor
American Nuclear Society 2016 Winter Meeting
Date: Tuesday, November 8, 2016
Time: 4:30 p.m. Pacific Time
Location: Caesars Palace, Las Vegas, Nevada
Speaker: Seth Grae, CEO
Subject of the panel: General Chair’s Special Session on Managing Proliferation and Security Risks in the Nuclear Enterprise
Hogan Lovells Global Energy Summit
Date: Tuesday, November 15, 2016
Time: 10:20 a.m. Central Time
Location: St. Regis, Houston, Texas. Lightbridge booth in the Technology Corridor highlighting technology that may play a transformative role in the future of global energy
Speaker: Seth Grae, CEO
Sandia National Laboratory
Date: Wednesday, December 14, 2016
Time: to be announced
Location: Albuquerque, New Mexico
Speaker: Tom Graham, Executive Chairman of the Board
Subject of the panel: National Security, climate change, nuclear weapons, and the future of deterrence
American Nuclear Society Virginia Section
Date: Thursday, January 19, 2017
Time: 5:30 p.m Eastern Time
Location: Richmond, Virginia
Speaker: Jim Malone, Chief Nuclear Fuel Development Officer
Subject of the panel: Safety benefits of Lightbridge metallic fuel
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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 competitive position, the timing of demonstration testing and commercial production, the Company’s entry into agreements with nuclear fuel manufacturers and the timing thereof, the potential impact of the U.S. Clean Energy Plan and similar regulations, the Company’s anticipated financial resources and position, the Company’s product and service offerings and the expected market for the Company’s product and service offerings. 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; and 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.