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BRIEF-Lightbridge, Areva sign agreement for U.S. joint venture for advanced nuclear fuel
September 6, 2017 / 11:40 AM / 13 days ago

BRIEF-Lightbridge, Areva sign agreement for U.S. joint venture for advanced nuclear fuel

Sept 6 (Reuters) - Lightbridge Corp

* Lightbridge and Areva NP sign binding agreement for U.S. joint venture for advanced nuclear fuel

* Lightbridge - parties expect to finalize definitive joint venture operating agreement based on heads of terms agreement in Q4 2017 and to launch joint venture in Q1 of 2018

* Lightbridge Corp - parties agreed that cash and non-cash contributions to joint venture will be balanced and that joint venture will be owned on a 50-50 basis Source text for Eikon: Further company coverage:

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