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Lightbridge Corp (LTBR.PH)

LTBR.PH on Philadelphia Stock Exchange

3.45USD
29 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Lightbridge enters into agreement to sell common stock
Wednesday, 29 Jun 2016 09:15am EDT 

Lightbridge Corp : Lightbridge enters into agreement to sell common stock . Sold $1 million in common stock to Aspire Capital Fund LLC ("Aspire Capital") for $0.30 per share .Agreement also provides a commitment by Aspire Capital to invest an additional $4 million subject to co achieving near-term milestones.  Full Article

Lightbridge Corp enters into a joint development Agreement with AREVA NP
Tuesday, 15 Mar 2016 08:30am EDT 

Lightbridge Corp:Entered into a Joint Development Agreement (JDA) with AREVA NP, an expert in nuclear fuel assembly design, licensing and fabrication.Lightbridge and AREVA NP will work together to assess establishing a joint venture in 2016 to develop, manufacture and commercialize fuel assemblies based on Lightbridge's next generation metallic nuclear fuel technology.Parties will share the cost of the work scope to be performed under the JDA, with.Technology licensing arrangement and other agreements needed to form and operate the joint venture company.Companies have agreed to work exclusively together in the area covered by the JDA, which will remain in force until the formation of the joint venture or December 31, 2016 at the latest.  Full Article

Lightbridge and Canadian nuclear laboratories sign comprehensive agreement for Fabrication of Lightbridge Nuclear Fuel Samples
Monday, 14 Sep 2015 08:30am EDT 

Lightbridge Corporation:Announces that it has signed a Comprehensive Nuclear Services Agreement with Canadian Nuclear Laboratories (CNL) for fabrication of Lightbridge's patented next generation metallic nuclear fuel test samples at CNL facilities at Chalk River, Ontario, Canada.Says this enabling agreement provides the framework to proceed with Phases 2 and 3 of the test fuel sample fabrication at CNL's facilities in Chalk River as envisioned in an Oct. 2014 Initial Cooperation Agreement.  Full Article

Lightbridge and Norway's IFE sign contract for irradiation testing and related activities at Halden Reactor
Thursday, 9 Jul 2015 06:00am EDT 

Lightbridge Corp:Lightbridge and Norway's IFE sign contract for irradiation testing and related activities at halden reactor.Says entered into services agreement for irradiation testing of Lightbridge advanced metallic nuclear fuel samples.Ife is in the process of applying to the Norwegian authorities for regulatory approval to conduct the experiments for Lightbridge.  Full Article

Lightbridge Corp dismisses Anderson Bradshaw PLLC-Form 8-K
Thursday, 11 Jun 2015 12:21pm EDT 

Lightbridge Corp:Dismissed Anderson Bradshaw PLLC as the company’s independent registered public accounting firm.This dismissal was approved by the company’s audit committee.  Full Article

Lightbridge Corp announces CFO - Form 8-K
Friday, 27 Mar 2015 08:01am EDT 

Lightbridge Corp:Appoints Linda Zwobota as chief financial officer.Prior to her appointment as Chief Financial Officer, Zwobota, age 64, was the Company’s interim Chief Financial Officer since Nov. 2014.  Full Article

Lightbridge Corp announces CFO resignation - Form 8-K
Wednesday, 26 Nov 2014 04:31pm EST 

Lightbridge Corp:Says on Nov. 26, 2014, it terminated James D. Guerra, chief financial officer, chief operating officer and executive vice president, without cause.Says on Nov. 26, 2014, it appointed Linda Zwobota as interim chief financial officer.  Full Article

Lightbridge Corp announces $5.04 million registered direct offering
Wednesday, 12 Nov 2014 09:00am EST 

Lightbridge Corp:Prices registered direct offering with one institutional investor for gross proceeds of $5,037,403 mln before deducting placement agent fees and estimated offering expenses.Under terms of the offering, Lightbridge will sell a total of 2,878,516 units at $1.75 per unit.Each unit will consist of a newly issued share of common stock and a warrant to purchase 0.95 shares of common stock at an exercise price of $2.31 per share.Warrants will be exercisable one day after the six-month anniversary of the closing date of the offering and will expire seven years from the date on which the warrants can first be exercised.Offering is expected to close on Nov. 17.Intends to use net proceeds for research and development and general working capital purposes.William Blair & Company, L.L.C. acted as the exclusive placement agent for the transaction.  Full Article

Lightbridge Corp and Canada's Nuclear Science & Technology Organization sign cooperative agreement to advance demonstration of Lightbridge's Nuclear Fuel
Monday, 20 Oct 2014 07:30am EDT 

Lightbridge Corp:Signs an initial cooperation agreement with Atomic Energy of Canada Limited (AECL).Says for fabrication and test reactor irradiation of Lightbridge's patented next generation metallic nuclear fuel samples.The work will take place at AECL's facilities at Chalk River, Ontario, Canada.Quality management planning to ensure compliance with the U.S. Nuclear Regulatory Commission requirements for fabrication and loop irradiation testing of fuel samples (Phase I); * Development of a fabrication plan and a preliminary experiment design for loop irradiation testing (Phase II); and.Fabrication and irradiation of Lightbridge-designed metallic fuel samples (Phase III).Initial Cooperation Agreement enables Phase I work. Over the next several months, parties intend to complete negotiations relating to two other enabling agreements.Nuclear Engineering Services Agreement that will address Phase II; and Umbrella Services Agreement that will provide comprehensive legal framework for multi-year cooperation between parties to enable final phase of work to proceed.Initial cooperation agreement is non-exclusive and does not prevent either party from working with other fuel fabrication or fuel development partners.  Full Article

Lightbridge Corp and Lloyd's Register Energy signs agreement for comprehensive consulting support on Nuclear Research Reactor Development
Thursday, 16 Oct 2014 10:30pm EDT 

Lightbridge Corp and Lloyd's Register Energy:Says that the company and the Vietnam Atomic Energy Institute ( VINATOM ) signed a comprehensive cooperation agreement for consulting services related to the construction and safe operation of Vietnam's Atomic Energy Research Center, including a nuclear research reactor.Financial terms are subject to further negotiation of the final scope of work.Says the collaboration with VINATOM involves 24 specific activities, including design review and selection of nuclear research reactors, site selection, and nuclear security protocols.  Full Article

BRIEF-Lightbridge secures $2.8 mln preferred stock investment at $0.55/shr

* Lightbridge secures $2.8 million preferred stock investment at $0.55 per share, subject to closing conditions Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)