Lightbridge Corporation to Present at the 19th Annual B. Riley & Co. Investor Conference
NEW YORK, May 16, 2018 (GLOBE NEWSWIRE) -- Lightbridge Corporation(NASDAQ:LTBR), a U.S. nuclear fuel development company, today announced that it will be presenting at the 19th Annual B. Riley Institutional Investor Conference on Thursday, May 24, 2018 at 2:30 PM, PST. The conference is being held May 23-24, 2018 at the Loews Santa Monica Beach Hotel in Santa Monica, California. Seth Grae, President and CEO of Lightbridge, will be presenting and providing recent business highlights at the event, as well as meeting with investors.
B. Riley & Co. is a leading full-service investment bank, providing corporate finance, research, sales and trading services to corporate, institutional and high net worth clients. B. Riley & Co. hosts industry specific conferences and non-deal road shows that provide the opportunity for companies and investors to connect. These events offer premier networking opportunities featuring company presentations and one-on-one meetings.
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors, which significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. In January 2018, Lightbridge and Framatome, Inc. formed a 50-50 joint venture, Enfission, LLC, to develop, license, manufacture, and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Enfission has the exclusive rights to this technology and is responsible for the development of manufacturing processes and fuel assembly designs for pressurized water reactors (PWRs), boiling water reactors (BWRs), water-cooled small modular reactors, and water-cooled research reactors developed around this intellectual property. PWRs and BWRs constitute the most widely used reactor types in the world. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. In addition to distributions from Enfission based on the parties' ownership interest in the joint venture, Lightbridge anticipates receiving future licensing revenues in connection with sales by Enfission of nuclear fuel incorporating its intellectual property. 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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Investor Relations Contact:
David Waldman/Natalya Rudman
Tel. +1 855-379-9900
Source: Lightbridge Corporation