Lightbridge to Participate in STHLM+50 Climate Hub

RESTON, Va., May 31, 2022 (GLOBE NEWSWIRE) — Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, is pleased to announce that Lightbridge President and CEO Seth Grae has been invited to participate as a panelist at the upcoming STHLM+50 Climate Center on June 2, 2022 at 6:30 p.m. CEST (12:30 p.m. CEST) evening ET).

STHLM+50 has been organized by the partnership of the United Nations Development Program and We Don’t Have Time and is an official side event to the United Nations Conference on the Human Environment, organized by the Government of Sweden to commemorate the 50th anniversary of the first United Nations conference on the human environment. – 1972 Stockholm Conference.

Seth Grae commented: “I look forward to joining this respected panel of experts and sharing my perspective on the importance that internationally abundant nuclear energy, along with renewable energy, will help meet climate goals and strengthen energy security.”

The panel’s focus is on Achieving Energy Security While Meeting the Climate Goals and includes:

  • Seth Grae – President, CEO & Director, Lightbridge Corporation
  • Daniel Magraw – President Emeritus, Center for International Law and Director of Lightbridge
  • Nataliya Volodymyrivna Katser-Buchkovska – former member of the Ukrainian Parliament and former Chair of the Subcommittee on Sustainable Development, Strategy and Investment of the Committee on Fuel and Energy, Nuclear Policy and Nuclear Security of the Ukrainian Parliament
  • sa Petterson, CEO of Swedenergy and former Head of Sustainability for Vattenfall
  • Moderated by Dr. Sweta Chakraborty – US President for “We Don’t Have Time,” and Director of Lightbridge

This segment will also show comments from:

  • Kathleen Rogers, President of Earth Day
  • Daniel Aegerter, Founder & CEO of Armada Investment AG
  • Jonny Dabrowski, Friday for Poland’s Future
  • Randolph Bell, Richard Morningstar Senior Director and Chair for Global Energy Security

The event will take place live at the Space Arena in Stockholm. A limited number of seats will be available by pre-registration on the We Don’t Have Time website and the event will be streamed live online at www.wedonthavetime.org/events/sthlm50.

About Lightbridge Corporation

Lightbridge (NASDAQ: LTBR) is a leading nuclear fuel technology development company positioned to enable the carbon-free energy applications that are critical to preventing climate change. The company is developing Lightbridge Fuel™, a patented next-generation nuclear fuel technology for small modular reactors, as well as existing large light water reactors, which significantly improves safety, economy and proliferation resistance. To date, Lightbridge has been awarded twice by the US Department of Energy’s Gateway Program for Accelerated Innovation in Nuclear Innovation for supporting the development of Lightbridge Fuel™. Lightbridge’s innovative fuel technologies are backed by a broad worldwide patent portfolio. Lightbridge is included in the Russell Microcap® Index. For more information, please visit: www.ltbridge.com.

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Forward-looking Statements

With the exception of historical matters, matters discussed here are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and results of research and development activities, other steps to commercialize Lightbridge Fuel ™ and future government support and funding for nuclear energy. These statements are based on current expectations as of the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from those estimates. These risks include, but are not limited to: the Company’s ability to commercialize its nuclear fuel technology; the level of market adoption of the Company’s product and service offerings; the Company’s ability to fund general corporate overhead and excluding research and development costs; Market competition; our ability to attract and retain qualified employees; dependence on strategic partners; fuel demand for nuclear reactors, including small modular reactors; the Company’s ability to manage its business effectively in a rapidly growing market; availability of nuclear test reactors and risks associated with unforeseen changes in the Company’s fuel development schedule; increased costs associated with metallizing our nuclear fuels; public perception of nuclear energy in general; changes in the political environment; risks associated with the further spread of COVID-19, including the eventual impact of COVID-19 on people, the economy and the Company’s ability to access capital markets; risks associated with war in Europe; risks associated with limited availability of conversion and enrichment services for nuclear fuel production; changes to the laws and regulations governing the Company’s business; the development and use of, and challenges to, our intellectual property; risks associated with potential shareholder activism; potential liabilities and contingencies; and other factors described in Lightbridge’s filing with the Securities and Exchange Commission. Lightbridge undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new developments or otherwise, except as required by law. Readers are cautioned not to rely too heavily on forward-looking statements.

Further description of risks and uncertainties can be found in Lightbridge’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and in other filings with the Securities and Exchange Commission, including in the section entitled “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

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