# EDGAR Filing Document

**Accession Number:** 0001084554
**File Stem:** 0001062993-25-015113
**Filing Date:** 2025-8
**Character Count:** 10202
**Document Hash:** 93e1fc3d4b414599bb1c425e0df84789
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-015113.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001062993-25-015113

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250828

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Funches Jesse L.
- **CENTRAL INDEX KEY:** 0001874150

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34487
- **FILM NUMBER:** 251281382

**MAIL ADDRESS:**
- **STREET 1:** C/O LIGHTBRIDGE CORPORATION
- **STREET 2:** 11710 PLAZA AMERICA DRIVE, SUITE 2000
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LIGHTBRIDGE Corp
- **CENTRAL INDEX KEY:** 0001084554
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 911975651
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 11710 PLAZA AMERICA DRIVE
- **STREET 2:** SUITE 2000
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
- **BUSINESS PHONE:** 571 730 1200

**MAIL ADDRESS:**
- **STREET 1:** 11710 PLAZA AMERICA DRIVE
- **STREET 2:** SUITE 2000
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Thorium Power, Ltd
- **DATE OF NAME CHANGE:** 20061011

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NOVASTAR RESOURCES LTD.
- **DATE OF NAME CHANGE:** 20051011

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NOVASTAR RESOURCES LTD
- **DATE OF NAME CHANGE:** 20050829

## Exhibit 24.1

```

POWER OF ATTORNEY

The undersigned, Jesse Funches, hereby appoints each of Seth
Grae, Larry Goldman and Andrey Mushakov, individually, his attorney-
in-fact to:

(1) execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer, director and/or greater
than 10% holder of Lightbridge Corporation (the "Company"), Forms 3,
4 and 5 in accordance with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder, as amended from time to time
(the "Exchange Act"), and any other forms or reports the undersigned
may be required to file in connection with the undersigned's
ownership, acquisition or disposition of securities of the Company;

(2) execute for and on behalf of the undersigned, in the
undersigned's capacity as an Officer, Director and/or greater
than 10% holder of the Company, Form 144 in accordance with the
Securities Act of 1933 and the rules thereunder, as amended from
time to time (the "Securities Act");

(3) perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any
such Form 3, 4 or 5, or Form 144 or any amendment thereto and timely
file such form with the Securities and Exchange Commission and any
stock exchange or similar authority; and

(4) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be
of benefit to, in the best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this Power
of Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in his or her
discretion.

The undersigned hereby grants to each attorney-in-fact full power and
authority to do anything that is necessary or desirable in the exercise
of any of the rights and powers herein granted, as fully and to all
intents and purposes as the undersigned could do if personally present,
with full power of substitution or revocation, hereby ratifying and
confirming all that such attorney-in-fact, or such attorney-in-fact's
substitute or substitutes, shall lawfully do or cause to be done by
virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that each attorney-in-fact, in
serving in such capacity at the request of the undersigned, is not
assuming, nor is the Company assuming, any of the undersigned's
responsibilities to comply with Section 16 of the Exchange Act or
Rule 144 under the Securities Act.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file forms under Section 16(a) of
the Exchange Act and Form 144 under the Securities Act with respect to
the undersigned's holdings of and transactions in securities issued by
the Company, unless earlier revoked by the undersigned in a signed
writing to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 14th day of August 2025.

/s/ Jesse Funches

Jesse Funches

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Funches Jesse L.<br><sub>(Last) (First) (Middle)</sub><br>C/O LIGHTBRIDGE CORPORATION<br>11710 PLAZA AMERICA DRIVE, SUITE 2000<br><sub>(Street)</sub><br>RESTON, VA 20190<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-08-28 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>LIGHTBRIDGE Corp [ LTBR ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-08-28 |  | A<sup>(1)</sup> |  | 5000 | A | $0 | 51288 | D |  |
| Common Stock | 2025-08-28 |  | A<sup>(2)</sup> |  | 5000 | A | $0 | 56288 | D |  |
| Common Stock | 2025-08-28 |  | A<sup>(2)</sup> |  | 5000 | A | $0 | 61288 | D |  |
| Common Stock | 2025-08-28 |  | A<sup>(2)</sup> |  | 3000 | A | $0 | 64288 | D |  |
| Common Stock | 2025-08-28 |  | A<sup>(2)</sup> |  | 2000 | A | $0 | 66288 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Represents a grant of restricted stock awards (RSAs). These RSAs vest in three equal installments on the first, second and third anniversaries of the date of grant, contingent on the reporting person's continued service on each such vesting date.

(2) Represents a grant of performance-based restricted stock awards (PSAs). These PSAs vest subject to achievement of a specified performance condition, and at the time of certification thereof, contingent on the reporting person's continued service on the certification date. PSAs that remain unvested as of December 31, 2028 (the end of the performance period) will automatically be forfeited and cancelled without consideration.

**Signature:** /s/ Larry Goldman, Attorney-in-Fact for Jesse L. Funches  
**Date:** 2025-08-29

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**