Lightbridge Corporation (LTBR)

[77Port]

https://www.globenewswire.com/news-release/2019/07/11/1881457/0/en/Lightbridge-Awarded-Patents-in-Europe-and-Eurasia-for-CANDU-Metallic-Nuclear-Fuel-Assembly.html

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RESTON, Va., July 11, 2019 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), a nuclear fuel developer, announced today that it has separately received Notices of Allowance from the European Patent Office and the Eurasian Patent Convention, which includes Russia and other territories across Eurasia, for another key patent relating to its innovative metallic fuel design. These new patent allowances are the latest addition to the Company's growing intellectual property portfolio and follows similar approvals in other markets worldwide.

These latest patents provide protection in Europe and Eurasia for a fuel assembly design incorporating multi-lobe metallic fuel rods for use in CANDU heavy water reactors. According to the World Nuclear Association, there are 49 CANDU-type pressurized heavy water reactors currently in use around the world.