Thorium Power (THPW.OB) Provides Twelve Month Update and Year-End 2007 Financial Results
Thorium Power Ltd., a pioneering U.S. nuclear energy company, provided a business update and year-end financial results for the period ending December 31, 2007. The company is focused on developing non-proliferative nuclear fuel technology and provides inclusive advisory services for developmental-stage nuclear energy programs. “We are quite pleased with the tremendous strides we have made in building awareness for our patented non-proliferative, low waste nuclear fuel designs,” said Seth Grae, CEO of Thorium Power. “In December 2007, Thorium Power reached a major milestone as we entered into our first strategic advisory contract with a foreign government-owned entity generating professional fees…