Lightbridge CEO Seth Grae to Participate in Panel Discussion on Nuclear Energy as a Solution for Sustainable Development, at the Chennai International Centre Nasdaq:LTBR
RESTON, Va., April 14, 2021 (GLOBE NEWSWIRE) – Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Seth Grae, President and Chief Executive Officer of Lightbridge Corporation, will attend a panel Discussion on the Future of Nuclear Power hosted by the Chennai International Center on Friday, April 16, 2021 at 9:30 a.m. ET (7:00 p.m. IST).
The topic of the panel discussion is: Is nuclear energy a solution for sustainable development? The committee is headed by Dr. Anil Kakodkar, former Chairman of the Indian Atomic Energy Commission and former Secretary of the Government of India.
Founded in 2016, the Chennai International Center is made up of a diverse and strong membership of professionals, entrepreneurs, academics, environmentalists, government officials, media representatives and historians who are committed to shaping the economic, social and political environment of India. The Chennai International Center regularly hosts programs that invite seasoned Indian and global figures to share experiences and visions in their respective fields. You can find more information about this event at https://www.cic.in/events.
To register for the event, please visit:
About the Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company that enables carbon-free energy applications that are critical to 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 that significantly improve reactor safety, economy and resistance to fuel proliferation. To date, Lightbridge has received two awards from the US Department of Energy’s Gateway for Accelerated Innovation in Nuclear program for supporting the development of Lightbridge Fuel ™. Lightbridge’s innovative fuel technology is supported by over 200 patents worldwide. The company has assembled a world-class development team with the goal of fully commercializing Lightbridge Fuel ™ as soon as possible. For more information, please visit: www.ltbridge.com.
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Except for 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, further steps to commercialize Lightbridge Fuel ™, and future governmental statements Support and financing of nuclear energy. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties that could cause actual results to differ materially from those estimates. Risks include, but are not limited to: the company’s ability to commercialize its nuclear fuel technology; the degree of market acceptance of the company’s product and service offerings; the company’s ability to fund general corporate overheads and external 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 effectively manage its business in a rapidly evolving market; the availability of nuclear test reactors and the risks associated with unexpected changes in the company’s fuel development schedule; the increased costs associated with metallizing our nuclear fuel; public perception of nuclear energy in general; Changes in the political environment; Risks related to 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 that govern the company’s business; Development and use of our intellectual property and challenges to it; Risks associated with potential shareholder activism; potential and contingent liabilities; and other factors described in Lightbridge’s filings with the Securities and Exchange Commission. Lightbridge assumes no obligation to update or revise such forward-looking statements as a result of new developments or for any other reason, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.
For a further description of the risks and uncertainties, please see Lightbridge’s Annual Report on Form 10-K for the year ended December 31, 2020 and other filings with the Securities and Exchange Commission, including the sections titled “Risk Factors.” and “Forward-Looking Statements,” all available at http://www.sec.gov/ and www.ltbridge.com.
Investor Relations Contact:
Matthew Abenante, IRC
Investor Relations Director
Tel .: +1 (646) 828-8710