LIGHTBRIDGE Corp — Director's Dealing 2006

Aug 30, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NOVASTAR RESOURCES LTD. (NVAS. OB)
CIK: 0001084554
Period of Report: 2006-08-21

Reporting Person: ALESSI VICTOR E (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$0.50	2016-08-21	Common Stock, 0.001 par value (500000)		Direct

Footnotes

F1: The option vests with respect 1/36 of the total shares on September 21, 2006 and thereafter in equal monthly installments
until all shares underlying the option have vested. The option immediately and automatically vests in full upon a Change of
Control, the termination of the Reporting Person's employment by the Company without Cause, or the cessation by the
Reporting Person of the Reporting Person's employment at the Company for Good Reason (all as defined in the employment
agreement, filed as Exhibit 10.1 to the current report of the Company on Form 8-K on August 25, 2006).