LIGHTBRIDGE Corp — Director's Dealing 2006

Jun 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVASTAR RESOURCES LTD. (NVAS.OB)
CIK: 0001084554
Period of Report: 2006-06-05

Reporting Person: MILMOE CORNELIUS J (Director, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-12	Common Stock	A	75000	—	Acquired	75000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-05	Incentive Stock Options	$0.465	A	525000	Acquired	2016-06-05	Common Stock (525000)	Direct

Footnotes

F1: The Board of Directors of the Issuer granted the Reporting Person 75,000 shares of common stock pursuant to the terms of an
Employment Agreement, dated 5, 2006, between the Issuer and the Reporting Person.

F2: Granted pursuant to a Stock Option Agreement, dated June 5, 2006, between the Issuer and the Reporting Person.