Lightbridge Retains Porter, LeVay & Rose as its Investor Relations Advisor of Record
January 30 2020 - 8:00AM
Lightbridge Corporation (“Lightbridge,” or the “Company”) (NASDAQ:
LTBR), an advanced nuclear fuel technology company, today announced
that it has retained long-standing agency Porter, LeVay & Rose
Inc. (“PLR”), as its investor relations advisor of record, to lead
the Company’s awareness efforts with the investment community.
Seth Grae, President & Chief Executive
Officer of Lightbridge Corporation, commented, “With our increasing
operational and industry momentum, coupled with growing interest
among the U.S. investment community, we believe it is the opportune
time to engage Porter, LeVay & Rose to help us generate greater
awareness of the Lightbridge story among the U.S investment
community. Porter, LeVay & Rose came highly recommended due to
its strategic approach to investor relations and proven track
record of generating positive results for small-cap companies.”
Michael Porter, President of Porter, LeVay &
Rose, Inc., said, “We are pleased to join the Lightbridge team at
such an exciting time in the Company’s development. Lightbridge is
a well-positioned company that’s poised for exceptional growth,
given its truly groundbreaking Lightbridge Fuel™ technology that
provides a superior safety and economic profile, while enabling
longer operating cycles for new and existing plants. As we see the
tremendous opportunity in front of the Company, we will deploy a
robust investor relations strategy designed to increase awareness
of Lightbridge among the investment community through wide-ranging
communications and investor introductions. We are looking forward
to informing and educating the investment community about
Lightbridge’s growth strategy and successes.”
PLR will work closely with Lightbridge
management to develop and deploy a comprehensive investor relations
program, including strategic communications and messaging,
organizing non-deal roadshows, and securing invitations to select
conferences for Lightbridge management.
About Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is an advanced
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. Lightbridge
invented, patented and has independently validated the technology,
including successful demonstration of the fuel in a research
reactor with plans to demonstrate the fuel under commercial reactor
conditions. The Company has assembled a world class development
team including veterans of leading global fuel manufacturers. Four
large electric utilities that generate about half the nuclear power
in the US already advise Lightbridge on fuel development and
deployment. The Company operates under a licensing and royalty
model, independently validated and based on the increased power
generated by Lightbridge-designed fuel and high ROI for operators
of existing and new reactors. 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.
To receive Lightbridge Corporation updates via
e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm.
Lightbridge is on Twitter. Sign up to follow
@LightbridgeCorp at http://twitter.com/lightbridgecorp.
Forward Looking StatementsWith the exception of
historical matters, the matters discussed in this news release 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 and other steps to commercialization of Lightbridge
Fuel™, the Company's entry into a commercial utility agreement, and
the Company's anticipated financial resources and position. . 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 degree of
market adoption of the Company's product and service offerings;
market competition; dependence on strategic partners; demand for
fuel for nuclear reactors; the Company's ability to manage its
business effectively in a rapidly evolving market; 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. Readers are cautioned
not to put undue reliance on forward-looking statements.
Investor Relations Contact:
Porter, LeVay & Rose, Inc.Matthew AbenanteTel: 212-564-4700
ir@ltbridge.com
Lightbridge (NASDAQ:LTBR)
Historical Stock Chart
From Apr 2024 to May 2024
Lightbridge (NASDAQ:LTBR)
Historical Stock Chart
From May 2023 to May 2024