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CORRECTING AND REPLACING -- Lightbridge to Host May 8 Conference Call and Webcast on 2015 First Quarter Business Update and Financial Results

Live Conference Call and Webcast Scheduled at 11 a.m. ET Friday, May 8, at: http://edge.media-server.com/m/p/p8ubm8jr

MCLEAN, Va., May 1, 2015 (GLOBE NEWSWIRE) -- In a release issued by Lightbridge Corporation (Nasdaq:LTBR) on April 29, 2015, the link for the international dial-in was incorrect. The correct link for the international dial-in is http://bit.ly/1JQTcug. The corrected release follows:

Lightbridge Corporation (Nasdaq:LTBR), a leading innovator of next generation nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, today announced that a conference call and webcast to discuss its 2015 first quarter business update and financial results is scheduled for 11 a.m. ET Friday, May 8, 2015.

President and Chief Executive Officer Seth Grae will lead the call and webcast. Other Lightbridge executives also will be available to answer questions. After the market closes on Thursday, May 7, the Company plans to distribute a business update news release, and to file Form 10-Q with the Securities and Exchange Commission.

Questions may be asked live, using the telephone lines below. Questions also may be submitted in writing before or during the conference call to ir@ltbridge.com. All written questions will be read and answered during the call.

Lightbridge Corporation Conference Call – 2015 Q1 Business Update and Financial Results
Date: Friday, May 8, 2015
Time: 11 a.m. ET
Conference Passcode: 7352709
Domestic Toll Free Dial-In: 888-424-8151
International Dial-In: http://bit.ly/1JQTcug Link to list of country-specific dial-in numbers
Live Webcast: http://edge.media-server.com/m/p/p8ubm8jr
Replay: Available for one year at the URL above.

About Lightbridge Corporation

Lightbridge is a nuclear energy company based in McLean, Virginia. The Company develops proprietary next generation nuclear fuel technologies for current and future nuclear reactor systems. Lightbridge's breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way to a sustainable energy future. The Company also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. The Company leverages those broad and integrated capabilities by offering its services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.

Important milestones achieved by Lightbridge in 2014 include U.S. Patent and Trademark Office (USPTO) approval and issuance in February of the key patent (#8,654,917) covering the Company's multi-lobed metallic fuel rod design and fuel assemblies. In July, the Company was issued its first international patent on its fuel rod design by the Commonwealth of Australia Patents Office. In November, Lightbridge successfully accessed capital markets, raising $5.04 million in gross proceeds in a registered direct offering.

Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.

Forward Looking Statements

This news release contains statements that are forward-looking in nature within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's competitive position and product and service offerings. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties, which 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; and the Company's ability to manage its business effectively in a rapidly evolving market. Certain of these and other risks are set forth in more detail 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.

CONTACT: Gary Sharpe Investor Relations and Corporate Communications Lightbridge Corporation 571-730-1213, direct gsharpe@ltbridge.com

Source:Lightbridge Corporation