Sustainable Projects Group INC
Market Movers (8-K)
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Sustainable Projects Group Inc. has dismissed its auditor, Centurion ZD CPA & Co., and engaged AOGB CPA Limited, citing previously disclosed material weaknesses in internal controls.
Worse than expected
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Sustainable Projects Group Inc. has announced the resignation of its CFO, Stefan Muehlbauer, and the appointment of Thomas Lund Hansen as the new CFO, effective November 28, 2024.
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Sustainable Projects Group Inc. raised $797,500 by issuing 2,278,723 shares of common stock to accredited investors at $0.35 per share.
Capital raise
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Sustainable Projects Group Inc. has formalized a new employment agreement with its CFO, Stefan Muehlbauer, outlining his compensation, benefits, and terms of employment through December 31, 2025.
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Kristian Jensen resigned from the Board of Directors of Sustainable Projects Group Inc. effective February 1, 2024, due to time constraints from his primary role.
Quarterly Earnings (10-Q)
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Sustainable Projects Group Inc. reported a widened net loss for the third quarter of 2024, primarily due to increased consulting and operating expenses as the company scales its lithium production business.
Worse than expected
Capital raise
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Sustainable Projects Group Inc. reported a net loss of $1.45 million for the six months ended June 30, 2024, as the company ramps up its lithium production business.
Worse than expected
Capital raise
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Sustainable Projects Group's Q1 2024 results show a significant increase in operating expenses and net loss compared to the same period last year, primarily due to the expansion of business activities following the acquisition of Lithium Harvest.
Worse than expected
Capital raise
Annual Reports (10-K)
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Sustainable Projects Group Inc. (SPGX) reports its full year 2023 results, highlighting its transition to a pure-play lithium company and plans for manufacturing facility construction.
Capital raise
Worse than expected
Proxy Statements (Def-14A)
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Sustainable Projects Group Inc. is implementing a reverse stock split, with a ratio between 1-for-10 and 1-for-100, to increase its stock price and potentially list on the Nasdaq Capital Market.
New Public Companies (S-1)
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Sustainable Projects Group Inc. is registering for the resale of up to 41.9 million shares of its common stock by selling stockholders.
Worse than expected
Capital raise
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Sustainable Projects Group Inc. (SPGX) files an amendment to its Form S-1 registration statement, signaling its intent to list on Nasdaq under the symbol LIHV and change its name to Lithium Harvest, Inc., as it prepares for a public offering focused on lithium production from oilfield wastewater.
Worse than expected
Capital raise
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Sustainable Projects Group Inc. aims to raise capital through an IPO to construct lithium carbonate manufacturing facilities and capitalize on the growing EV battery market.
Worse than expected
Capital raise