# EDGAR Filing Document

**Accession Number:** 0001500305
**File Stem:** 0001493152-23-005992
**Filing Date:** 2023-2
**Character Count:** 12831
**Document Hash:** 9f37da879ced8775c0d49022e9474a63
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-005992.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001493152-23-005992

**CONFORMED SUBMISSION TYPE**: SC 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sustainable Projects Group Inc.
- **CENTRAL INDEX KEY:** 0001500305
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 815445107
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89592
- **FILM NUMBER:** 23667472

**BUSINESS ADDRESS:**
- **STREET 1:** 2316 PINE RIDGE ROAD, 383
- **CITY:** NAPLES
- **STATE:** FL
- **ZIP:** 34109
- **BUSINESS PHONE:** 239-316-4593

**MAIL ADDRESS:**
- **STREET 1:** 2316 PINE RIDGE ROAD, 383
- **CITY:** NAPLES
- **STATE:** FL
- **ZIP:** 34109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sustainable Petroleum Group Inc.
- **DATE OF NAME CHANGE:** 20161219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Blue Spa Inc
- **DATE OF NAME CHANGE:** 20100831
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PETERSEN ALDO
- **CENTRAL INDEX KEY:** 0001528329

**FILING VALUES:**
- **FORM TYPE:** SC 13D

**MAIL ADDRESS:**
- **STREET 1:** INDUSTRIPARKEN 22C
- **CITY:** BALLERUP
- **STATE:** G7
- **ZIP:** 2750

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13D**

Under the Securities Exchange Act of 1934

(Amendment No. ___)\*

**SUSTAINABLE PROJECTS GROUP INC.**

(Name of Issuer)

**Common Stock, $0.0001 par value per share**

(Title of Class of Securities)

**86933P 105**

(CUSIP Number)

**Aldo Petersen**

**Amaliegade 6, DK-1256 København K**

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

**February 14, 2023**

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐.

**Note:** Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

**SCHEDULE 13D**

**CUSIP No. 86933P 105**

---

| | | |
|:---|:---|:---|
| **1** | NAME OF REPORTING PERSON<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)<br>AØNP14 ApS (1) |  |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (*See* Instructions)<br>| **(a)** ☐ <br> **(b)** ☐  |
| **3** | SEC USE ONLY<br>|  |
| **4** | SOURCE OF FUNDS (*See* Instructions)<br>OO |  |
| **5** | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)<br>| ☐ <br>|
| **6** | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Denmark |  |

---

---

| | | |
|:---|:---|:---|
| <br>NUMBER OF | **7** | SOLE VOTING POWER<br>21,700,059  |
| SHARES<br> BENEFICIALLY<br> OWNED BY | **8** | SHARED VOTING POWER<br>0 |
| EACH<br> REPORTING<br> PERSON | **9** | SOLE DISPOSITIVE POWER<br>21,700,059 |
| WITH | **10** | SHARED DISPOSITIVE POWER<br>0  |

---

---

| | | |
|:---|:---|:---|
| **11** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>21,700,059 |  |
| **12** | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br> (*See* Instructions)<br>| <br> ☐  |
| **13** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>7.6% (2) |  |
| **14** | TYPE OF REPORTING PERSON (*See* Instructions)<br>**OO** |  |

---

(1) Aldo Petersen is the managing director of AØNP14 ApS.

(2) Based on 287,190,813 shares of the Issuer's common stock outstanding as of February 14, 2023, as reported in the Issuer's Form 8-K filed on February 14, 2023.

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---

| | | |
|:---|:---|:---|
| **1** | NAME OF REPORTING PERSON<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)<br>Aldo Petersen |  |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (*See* Instructions)<br>| **(a)** ☐ <br> **(b)** ☐  |
| **3** | SEC USE ONLY<br>|  |
| **4** | SOURCE OF FUNDS (*See* Instructions)<br>OO |  |
| **5** | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)<br>| <br>☐  |
| **6** | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Denmark |  |

---

---

| | | |
|:---|:---|:---|
| <br>NUMBER OF | **7** | SOLE VOTING POWER<br> 21,700,059 (1)<br>|
| SHARES<br> BENEFICIALLY<br> OWNED BY | **8** | SHARED VOTING POWER<br> 0 |
| EACH<br> REPORTING<br> PERSON | **9** | SOLE DISPOSITIVE POWER<br> 21,700,059 (1) |
| WITH | **10** | SHARED DISPOSITIVE POWER<br> 0<br>|

---

---

| | | |
|:---|:---|:---|
| **11** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>21,700,059 (1)<br>|  |
| **12** | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br> (*See* Instructions)<br>| ☐ |
| **13** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>7.6% (1)(2) |  |
| **14** | TYPE OF REPORTING PERSON (*See* Instructions)<br>IN |  |

---

(1) Represents shares held by AØNP14 ApS, of which Aldo Petersen is the managing director.

(2) Based on 287,190,813 shares of the Issuer's common stock outstanding as of February 14, 2023, as reported in the Issuer's Form 8-K filed on February 14, 2023.

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**Item 1 – Security and Issuer**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)** This statement on Schedule 13D relates to the common stock of Sustainable Projects Group Inc., a Nevada corporation (the "Issuer").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)** The principal executive offices of the Issuer are located at 2316 Pine Ridge Road #383, Naples, Florida 34102.

**Item 2 - Identity and Background** 

This Schedule 13D is being filed on behalf of AØNP14 ApS, a Danish private limited liability company (the "Company"), and its managing director, Aldo Petersen, a citizen of Denmark (the "Reporting Person"). The address of the Company and the Reporting Person is Amaliegade 6, DK-1256 København K. The principal business of the Company is to hold certain assets of the Reporting Person.

During the last five years, neither the Company nor the Reporting Person has (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

**Item 3 - Source and Amount of Funds or Other Consideration** 

Pursuant to the terms of a Securities Exchange Agreement among the Issuer, Lithium Harvest ApS, a Danish private limited liability company ("Lithium Harvest"), and, for certain limited purposes, its shareholders (the "Shareholders"), the Issuer acquired all of the outstanding shares of capital stock of Lithium Harvest in exchange for issuing to the Shareholders 206,667,233 shares of the Issuer's common stock (the "Exchange Transaction"). As a result of the Exchange Transaction, the Company acquired 21,700,059 shares of the Issuer's common stock on February 14, 2023.

**Item 4 - Purpose of Transaction** 

As disclosed in Item 3 above, the Shareholders, including the Company, acquired the shares in connection with the Exchange Transaction. In addition, Sune Mathiesen was appointed Chairman, President and Chief Executive Officer of the Issuer, Stefan Muehlbauer was appointed Chief Financial Officer and director of the Issuer, and Paw Juul was appointed Chief Technology Officer and, effective 10 days following the mailing of an information statement that satisfies the requirements of Rule 14F-1 under the Securities Exchange Act of 1934, as amended, to the Issuer's stockholders, a director of the Issuer. The Issuer is now a pure-play lithium company focused on supplying high performance lithium compounds to the electric vehicle and broader battery markets. The Issuer's principal stockholders are Sune Mathiesen Holding ApS and FENO Holding ApS, which each own approximately 32.2% of the Issuer, Kestrel Flight Fund LLC, which owns approximately 25.0% of the Issuer, and the Company, which owns approximately 7.6% of the Issuer.

**Item 5.** **Interest in Securities of the Issuer**

&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 aggregate number of securities to which this Schedule 13D relates is 21,700,059 shares of the Issuer's common stock, representing
 7.6% of the 287,190,813 shares of common stock outstanding as reported in the Issuer's
 Form 8-K filed on February 14, 2023.

(b) Each
 of the Company and the Reporting Person has sole power to vote or to direct the vote, and sole power to dispose or to direct the
 disposition, of 21,700,059 shares of the Issuer's common stock.

(c) The
 Company and the Reporting Person have not engaged in any transaction in shares of the Issuer's common stock during the past
 60 days other than as described in Items 3 and 4. The responses in Items 3 and 4 are incorporated by reference.

(d) None.

(e) Not
 applicable.

**Item 6.** **Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.**

The responses in Items 3 and 4 are incorporated by reference.

**Item 7.** **Material to Be Filed as Exhibits**

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | [Securities Exchange Agreement, among Sustainable Projects Group Inc., Lithium Harvest ApS and, for certain limited purposes, its shareholders, dated as of February 14, 2023 (incorporated by reference to Exhibit 2.1 to the Issuer's Current Report on Form 8-K filed on February 14, 2023).](https://www.sec.gov/Archives/edgar/data/1500305/000149315223005060/ex2-1.htm) |
| 99.2 | [Joint Filing Agreement, dated February 24, 2024, by and between AØNP14 ApS and Aldo Petersen](ex99-2.htm) |

---

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The filer must sign the filing and certify that the information is true, complete and correct. If the filer is an entity, the filing must be signed by an authorized officer.

**Signature**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| |
|:---|
| **Aldo Petersen** |
| February 24, 2023 |
| Date |
| */s/ Aldo Petersen* |
| Signature |
| Aldo Petersen |
| Name/Title |

---

---

| |
|:---|
| **AØNP14 ApS** |
| February 24, 2023 |
| Date |
| */s/ Aldo Petersen* |
| Signature |
| Aldo Petersen, Managing Director |
| Name/Title |

---

**Attention: Intentional misstatements or omissions of fact<br> constitute Federal Criminal violations (See 18 U.S.C. 1001)**

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## Exhibit 99.2

**Exhibit 99.2**

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to certain shares of the common stock of Sustainable Projects Group Inc. and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filing.

The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that no party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement as of February 24, 2023.

---

| | |
|:---|:---|
| By: | */s/ Aldo Petersen* |
|  | Aldo Petersen |
| AØNP14 ApS | AØNP14 ApS |
| By: | */s/ Aldo Petersen* |
|  | Aldo Petersen, Managing Director |

---