Form SD - Specialized disclosure report
October 15 2024 - 6:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
Sigma Lithium Corporation
(Exact name of the registrant as specified in its charter)
Canada | | 001-40786 | | Not applicable |
(State or other jurisdiction | | (Commission File | | (I.R.S. Employer |
of incorporation or | | Number) | | Identification No.) |
organization) | | | | |
Av. Nove de Julho, nº 4.939, cj. 93 (Parte), São Paulo, SP, Brazil, 01407-200 |
(Address of principal executive offices) | (Zip code) |
Ana Cristina Cabral, +55 11 2985 0089
(Name and telephone number, including area code,
of the person to contact in connection with this report.)
Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:
Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, .
X Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31,2023.
Section 1 – Conflict Minerals Disclosure
Item 1.01Conflict Minerals Disclosure and Report
Not applicable
Item 1.02Exhibit
Not applicable
Section 2 – Resource Extraction Issuer Disclosure
Item 2.01Resource Extraction Issuer Disclosure and Report
Sigma Lithium Corporation (the “Company”) is subject to Canada’s Extractive Sector Transparency Measures Act (“ESTMA”). The Company is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2023 to satisfy the requirements of Item 2.01. The Company’s ESTMA report is available on the Company’s website at https://ir.sigmalithiumresources.com/wp-content/uploads/2024/10/ESTMA-Reporting-2023-v2.pdf or on the Government of Canada’s website at https://naturalresources.canada.ca/estma-data.
The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.
Section 3 – Exhibits Item 3.01Exhibits
The following exhibit is filed as part of this report:
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
| Sigma Lithium Corporation |
| (Registrant) |
Date: October 11, 2024 | |
| Ana Cristina Cabral Gardner |
| Chief Executive Officer |
Exhibit 99.1
Extractive Sector Transparency Measures Act - Annual Report | |
Reporting Entity Name | Sigma Lithium Corporation | |
Reporting Year | From | 2023-01-01 | To: | 2023-12-31 | Date submitted | 2024-10-01 | |
Reporting Entity ESTMA Identification Number | E850530 | Original Submission Amended Report | | | |
Other Subsidiaries Included (optional field) | Sigma Lithium Holdings Inc, Sigma Mineração S.A. | |
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Not Consolidated | | |
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Not Substituted | | | | |
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Attestation by Reporting Entity | | | | | | | |
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above. | |
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Full Name of Director or Officer of Reporting Entity | Rogerio Marchini | Date | 2024-10-01 | |
Position Title | CFO | | | |
Extractive Sector Transparency Measures Act - Annual Report |
Reporting Year | From: | 2023-01-01 | To: | 2023-12-31 | | | | | | | |
Reporting Entity Name | Sigma Lithium Corporation | Currency of the Report | CAD | | | |
Reporting Entity ESTMA Identification Number | E850530 | | | | | |
Subsidiary Reporting Entities (if necessary) | | | | | | |
Payments by Payee |
Country | Payee Name1 | Departments, Agency, etc… within Payee that Received Payments2 | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes34 |
Brazil | Federal Government of Brazil | Federal Revenue Secretary | 8,650,000 | - | - | - | - | - | - | 8,650,000 | Payment regarding labor obligations, withheld taxes etc |
Brazil | State Government of Minas Gerais | State Treasury of Minas Gerais | 910,000 | | | | | | | 910,000 | VAT taxes |
Brazil | Municipality of Itinga | | 250,000 | | | | | | | 250,000 | Services taxes withheld |
Brazil | Municipality of Araçuaí | | 590,000 | | | | | | | 590,000 | Services taxes withheld |
Brazil | Federal Government of Brazil | Mining National Agency | 2,580,000 | | | | | | | 2,580,000 | CFEM |
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Additional Notes: | FX rate CAD to BRL 3.6522 (Financial year end exchange rate) |
1 Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).
2 Optional field.
3 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.
4 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.
Extractive Sector Transparency Measures Act - Annual Report |
Reporting Year | From: | 2023-01-01 | To: | 2023-12-31 | | | | | | |
Reporting Entity Name | Sigma Lithium Corporation | Currency of the Report | CAD | | |
Reporting Entity ESTMA Identification Number | E850530 | | | | |
Subsidiary Reporting Entities (if necessary) | | | | | |
Payments by Project |
Country | Project Name1 | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid by Project | Notes23 |
Brazil | Xuxa mine (Phase I) | 12,980,000.00 | | | | | | | 12,980,000 | |
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Additional Notes3: | FX rate CAD to BRL 3.6522 (Financial year end exchange rate) |
1 Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the “Payments by Project” table.
2 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.
3 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the “Additional Notes” row or the “Notes” column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.
v3.24.3
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v3.24.3
Payments, by Category - CAD ($)
|
Taxes |
Total Payments |
Total |
$ 12,980,000
|
$ 12,980,000
|
v3.24.3
Payments, by Project - 12 months ended Dec. 31, 2023 - CAD ($)
|
Taxes |
Total Payments |
Total |
$ 12,980,000
|
$ 12,980,000
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Xuxa mine (Phase I) |
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Total |
$ 12,980,000
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$ 12,980,000
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v3.24.3
Payments, by Government - 12 months ended Dec. 31, 2023 - CAD ($)
|
Taxes |
Total Payments |
Total |
$ 12,980,000
|
$ 12,980,000
|
BRAZIL | Federal Government of Brazil, Federal Revenue Secretary |
|
|
Total |
8,650,000
|
8,650,000
|
BRAZIL | State Government of Minas Gerais, State Treasury of Minas Gerais |
|
|
Total |
910,000
|
910,000
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BRAZIL | Municipality of Itinga |
|
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Total |
250,000
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250,000
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BRAZIL | Municipality of Aracuai |
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Total |
590,000
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590,000
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BRAZIL | Federal Government of Brazil, Mining National Agency |
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Total |
$ 2,580,000
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$ 2,580,000
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v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - CAD ($)
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Amount |
Type |
Country |
Subnat. Juris. |
Govt. |
Project |
#: 1 |
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$ 8,650,000
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Taxes
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BRAZIL
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Federal Government of Brazil, Federal Revenue Secretary
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Xuxa mine (Phase I)
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#: 2 |
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910,000
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Taxes
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BRAZIL
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snj:BR-MG
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State Government of Minas Gerais, State Treasury of Minas Gerais
|
Xuxa mine (Phase I)
|
#: 3 |
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250,000
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Taxes
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BRAZIL
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snj:BR-MG
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Municipality of Itinga
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Xuxa mine (Phase I)
|
#: 4 |
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590,000
|
Taxes
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BRAZIL
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snj:BR-MG
|
Municipality of Aracuai
|
Xuxa mine (Phase I)
|
#: 5 |
|
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$ 2,580,000
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Taxes
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BRAZIL
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Federal Government of Brazil, Mining National Agency
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Xuxa mine (Phase I)
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