Lightbridge Corp Stock Price, News & Analysis

Lightbridge Corporation (NASDAQ: LTBR) announced a Cooperative Research and Development Agreement (CRADA) with the Battelle Memorial Institute, supported by the U.S. Department of Energy. This $663,000 project aims to enhance the manufacturing process of Lightbridge Fuel™ using depleted uranium-zirconium material. With 75% funding from the DOE, this collaboration will expedite R&D efforts and bolster U.S. nuclear technology development. CEO Seth Grae expressed enthusiasm about leveraging government partnership to advance nuclear innovation while addressing climate change.

Lightbridge Corporation (Nasdaq: LTBR) announced a virtual Annual Meeting of Stockholders scheduled for June 28, 2021, at 11:00 a.m. ET. The company emphasized the importance of stockholder participation, particularly regarding a voting proposal that requires a majority of outstanding shares for approval. Lightbridge is developing Lightbridge Fuel™, a next-generation nuclear fuel technology aimed at enhancing safety and economics in nuclear energy applications. For further information, shareholders are encouraged to review the definitive proxy statement available on the company's website.

Lightbridge Corporation (NASDAQ: LTBR) announced its virtual Annual Meeting of Stockholders scheduled for June 28, 2021. Shareholders are encouraged to vote to meet the required majority for proposed amendments to the Articles of Incorporation. Although there is substantial support for the proposals, a lack of participation could hinder the majority vote due to brokers discontinuing discretionary voting. CEO Seth Grae highlighted progress in fuel development and a focus on minimizing shareholder dilution. Lightbridge has been added to the Russell Microcap Index, indicating investor confidence.

Lightbridge Corporation (Nasdaq: LTBR) provided a corporate update addressing shareholder concerns about a recent incident at the Taishan nuclear power plant in China. While the situation is being monitored, Lightbridge reassured stakeholders that their development of Lightbridge Fuel™, a next-generation nuclear fuel, aims to prevent similar incidents through its metallic design. The company highlighted recent progress, including funding from the U.S. Department of Energy for R&D and their upcoming inclusion in the Russell Microcap Index, expected to broaden their investor base.

Lightbridge Corporation (Nasdaq: LTBR) announced its inclusion in the Russell Microcap® Index, effective June 28, 2021. This addition reflects the company's market-capitalization ranking and style attributes. The CEO emphasized this milestone as a way to broaden the investor base, particularly in a growing sector focused on nuclear energy and climate change solutions. Russell indexes are significant benchmarks for investment strategies, with $10.6 trillion in assets linked to them.

Lightbridge Corporation (Nasdaq: LTBR) announced the participation of CEO Seth Grae in a panel at the Clean Energy Ministerial on 'Nuclear Heat for Decarbonization of Hard-to-Abate Sectors' from May 31 to June 4, 2021. Grae will join experts to discuss how advanced reactors can assist in decarbonizing industrial sectors like cement and aviation by mid-century. The NICE Future initiative aims to frame nuclear power as a crucial component of future clean energy systems.

For further details, visit: https://www.nice-future.org/

Lightbridge Corporation (Nasdaq: LTBR) has postponed its Annual Meeting of Stockholders to June 28, 2021, at 11 am ET, to allow shareholders more time to vote on key proposals. One proposal requires majority shareholder approval for amendments to the Articles of Incorporation. The record date for eligible voters remains March 29, 2021. Shareholders can maintain existing proxy votes, and the management urges participation in the voting process. Lightbridge continues to develop proprietary nuclear fuel technology aimed at enhancing reactor safety and efficiency.

Lightbridge Corporation (Nasdaq: LTBR) is reminding shareholders to vote their proxies ahead of its annual meeting on May 27, 2021. The Board of Directors encourages voting in favor of all proposals. Shareholders as of March 29, 2021, are eligible to vote. The meeting will be held virtually, and proxy materials are available online. Lightbridge specializes in advanced nuclear fuel technology to support carbon-free energy applications, developing Lightbridge Fuel™ for Small Modular Reactors and existing reactors. The company holds over 200 patents and has received support from the U.S. Department of Energy.

Lightbridge Corporation (NASDAQ: LTBR) announces the reappointment of CEO Seth Grae to the U.S. Civil Nuclear Trade Advisory Committee (CINTAC) by Secretary of Commerce Gina Raimondo. This role allows Grae to advise on policies to boost U.S. exports in the nuclear sector. CINTAC comprises private-sector representatives discussing trade issues impacting the nuclear industry. Lightbridge is advancing its proprietary Lightbridge Fuel™ technology, aiming for enhanced safety and efficiency in nuclear energy, backed by U.S. Department of Energy funding.