Lightbridge increases funding commitment to Battelle for nuclear fuel R&D by $1.6M

LIGHTBRIDGE Corp

Modification No. 3 raises potential payments to Battelle by ~$1.6M, total est. cost now $5.4M.
Lightbridge will also make a one-time $600K payment, then resume monthly invoices.
Work involves fabricating delta-phase enriched U-Zr alloy ingot and irradiating fuel coupons at INL.
Total cash payments under Agreements now estimated at $6.4M on a cost-reimbursable basis.

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