Lightbridge CEO Seth Grae to Participate in Panel Discussion at SXSW 2022

Reston, Virginia, UNITED STATES


Panel to Discuss “Fueling the Future Food System; People, Power & Purpose”

RESTON, Va., March 15, 2022 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced that President and CEO Seth Grae will participate in a panel at SXSW called “Fueling the Future Food System; People, Power & Purpose” on Friday, March 18 at 11:40 am CT (12:40 pm ET). The panel will be moderated by Dr. Sweta Chakraborty, President of We Don’t Have Time U.S., and an Independent Director and Chair of the ESG Committee of the Board of Lightbridge. Mr. Grae will also participate in investor meetings throughout the event.

The panel is part of Future of Food, an official SXSW event spanning two full days of programming on March 17 and 18 at the SXSW Center. The event will bring together a diverse group of experts, leaders, and visionaries who are challenging society to think about how our food and agricultural systems will need to adapt to new pressures and what technologies and innovations, including in energy, will help us feed the world while combating climate change and conserving the earth’s natural resources.

All events are open to the public in person with registration at the SXSW Center in Austin, TX., and free virtually through its livestream broadcast and the We Don’t Have Time website.

To learn more about the Future of Food at SXSW 2022, visit https://thefutureoffood.at/

To view the Future of Food Livestream, visit https://thefutureoffood.at/march12/

Mr. Grae has made several media appearances, discussing the ongoing situation in Ukraine, as well as how the innovative technology of Lightbridge Fuel™ makes nuclear power safer:

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.

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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 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