VNEC Statement on Enfission’s Deals of DistinctionTM Award

Arlington, VA — Virginia Nuclear Energy Consortium (VNEC) Executive Director April Wade released the following statement regarding the Licensing Executives Society’s presentation of the annual Deals of Distinction™ Award to VNEC member Enfission, LLC a joint venture between Lightbridge Corporation (NASDAQ: LTBR), and Framatome:

“The nuclear power industry is innovating to meet the future energy needs of the United States. Virginia companies are at the forefront of this innovation. Enfission’s joint venture agreement with Framatome to commercialize a new fuel technology has received the recognition this partnership and this advancement in nuclear power deserve. VNEC is proud to count Enfission among our members and congratulates them on this award.”