Item 8.01 Other Events.

On January 17, 2021, Lightbridge Corporation (the "Company") filed a petition for judicial dissolution of Enfission, LLC ("Enfission"), the joint venture between the Company and Framatome Inc., in the Court of Chancery of the State of Delaware, requesting that the Court enter an order dissolving Enfission and directing that the business and affairs of Enfission be wound up, among other things. The action is captioned In re: Enfission, LLC, Delaware Court of Chancery, C.A. No. 2021-0042-JS.

As previously disclosed, the Company's Board of Directors and management determined in November 2019 that it is advisable and in the best interest of the Company and its shareholders to take the necessary steps to dissolve Enfission. Enfission has been inactive for over a year and no longer has any operations.






2

© Edgar Online, source Glimpses