# EDGAR Filing Document

**Accession Number:** 0001958217
**File Stem:** 0000000000-23-002674
**Filing Date:** 2023-3
**Character Count:** 9048
**Document Hash:** 93b6a86a6e4e7abdd0699931a2f4f30c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002674.hdr.sgml**: 20230711

**ACCESSION NUMBER**: 0000000000-23-002674

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230317

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lifezone Metals Ltd
- **CENTRAL INDEX KEY:** 0001958217
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL MINING [1000]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** Y8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** COMMERCE HOUSE
- **STREET 2:** 1 BOWRING ROAD
- **CITY:** RAMSEY
- **STATE:** Y8
- **ZIP:** IM8 2LQ
- **BUSINESS PHONE:** 44 (0)1624 811 603

**MAIL ADDRESS:**
- **STREET 1:** COMMERCE HOUSE
- **STREET 2:** 1 BOWRING ROAD
- **CITY:** RAMSEY
- **STATE:** Y8
- **ZIP:** IM8 2LQ
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-23-000521

## Text-Extract

```

United States securities and exchange commission logo

                           March 17, 2023

       Chris Showalter
       Chief Executive Officer
       Lifezone Metals Limited
       Commerce House, 1 Bowring Road
       Ramsey, Isle of Man, IM8 2TF

                                                        Re: Lifezone Metals
Limited
                                                            Amendment No. 1 to
Draft Registration Statement on Form F-4
                                                            Submitted February
27, 2023
                                                            CIK No. 0001958217

       Dear Chris Showalter:

             We have reviewed your amended draft registration statement and
have the following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by providing the requested
information and either submitting
       an amended draft registration statement or publicly filing your
registration statement on
       EDGAR. If you do not believe our comments apply to your facts and
circumstances or do not
       believe an amendment is appropriate, please tell us why in your
response.

             After reviewing the information you provide in response to these
comments and your
       amended draft registration statement or filed registration statement, we
may have additional
       comments.

       Draft Registration Statement Amendment No. 1 on Form F-4 submitted
February 27, 2023

       Questions and Answers About the Proposed Transactions
       Q: What are the risks to GoGreen shareholders relating to the Tranche 3
Investment from BHP?,
       page 16

   1.                                                   We note your response
to our prior comment 10 that the Company believes that both
                                                        scenarios mentioned in
our comment will have a limited economic impact on its
                                                        shareholders, including
the GoGreen shareholders. However, we note your disclosure on
                                                        page 173 stating that
the projections included in your prospectus reflect LHL   s
                                                        proportionate interest
in TNL and BHP   s 17% shareholding of KNL, and that in the event
                                                        BHP exercises its
Option under the Tranche 3 Option Agreement, BHP would own a
                                                        majority equity
interest in KNL (representing a 51% indirect interest in TNL) and the
 Chris Showalter
FirstName  LastNameChris
Lifezone Metals Limited Showalter
Comapany
March      NameLifezone Metals Limited
       17, 2023
March2 17, 2023 Page 2
Page
FirstName LastName
         Adjusted EBITDA attributable to Lifezone Metals would decrease
proportionally. Please
         revise this Q&A and related risk factors to reflect this potential
economic impact.
The Business Combination
Background of the Proposed Transactions
Description of negotiation process with candidates other than Lifezone, page
162

2.       We note your response to prior comment 17 and reissue the comment in
part. Please
         revise your disclosure to summarize the analyses performed by Sprott
and presented to
         GoGreen on February 23, 2022 that considered comparable companies and
various
         scenarios for Lifezone   s mine development.
Material Tax Considerations, page 177

3.       We note your response to our prior comment 19 and reissue it in part.
Please revise your
         disclosures to identify tax counsel.
The Description of the Kabanga Project, page 253

4.       Please revise all mineral resource tables to include the metallurgical
recovery factor and to
         not sum the inferred resources with measured and indicated resources
as required by Item
         1304(d)(1) of Regulation S-K.
Unaudited Pro Forma Condensed Combined Financial Information
Earnout, page 287

5.       We note your response to prior comment 26 regarding the earnout
arrangements with the
         Sponsor and the LHL shareholders. Please disclose how you determined
the valuations
         for each of the earnout shares, providing details of the methods used
and significant
         assumptions made.
Lifezone Limited
Consolidated Financial Statements For the Years Ended 31 December 2021 and 2020
Statement of Comprehensive (Loss) Income for the Years Ended December 31, 2021
and
December 31, 2020, page F-26

6.       We note that all or a majority of your management and consulting
revenue is derived from
         related parties for the years ended December 31, 2021 and 2020. Please
revise to
         separately state and label these amounts as revenue from related
parties on the face of
         your statement of comprehensive income to comply with Rule 4-08(k) of
Regulation S-X.
Kabanga Nickel Limited
Consolidated Financial Statements For the Year Ended December 31, 2021 and 2020
Consolidated Statement of Cash Flows, page F-49

7.       We note you have provided revised disclosure about the cash flow
restatement at Note 16
 Chris Showalter
Lifezone Metals Limited
March 17, 2023
Page 3
      in response to prior comment 36. However you continue to present the
release of the $8
      million restricted deposit from escrow as a cash flow from operating
activity in your
      statement of cash flow. Please clarify or revise. In addition, revise
Note 16 Restatement
      on page F-67 to describe the nature of error. Refer to paragraph 49(a) of
IAS 8.
Notes to the Consolidated Financial Statements
12 Interests in Other Entities, page F-63

8.    We note your response to prior comment 37 and understand that you have
accounted for
      the purchase of Kabanga Holdings as an asset acquisition. Please larify
whether you
      recorded the mining data asset as an exploration and evaluation asset
under IFRS 6. If so,
      please expand your disclosure to identify and label your exploration and
evaluation assets
      as a separate class of assets providing the disclosures required by
paragraphs 23 through
      25 of IFRS6.
Item 21. Exhibits and Financial Statement Schedules
96.1, page II-3

9.    Please discuss the following observations with your qualified person and
arrange to obtain
      and file a revised Technical Report Summary:
          Please do not combine inferred mineral resources with measured and
indicated
          mineral resources; rather report inferred resources in a separate
column or row
          consistent with the resource tables shown in Item 1303 and Item 1304
of Regulation
          S-K.
          Remove all historical mineral resources, or mineral resources that
are not current.
          Disclose the equation for your cut-off grade calculation.
          Provide information regarding the criteria used to classify a
resource as inferred,
          indicated, or measured as required by Item 601(b)(96)(iii)(B)(11)(iv)
of Regulation
          S-K.

        You may contact Steve Lo, Staff Accountant, at (202) 551-3394 or Craig
Arakawa,
Accounting Branch Chief, at (202) 551-3650 if you have questions regarding
comments on the
financial statements and related matters. Please contact John Coleman at (202)
551-3610 for
engineering related questions. Please contact Anuja A. Majmudar,
Attorney-Adviser, at (202)
551-3844 or Irene Barberena-Meissner, Attorney-Adviser, at (202) 551-6548 with
any other
questions.

                                                           Sincerely,
FirstName LastNameChris Showalter
                                                           Division of
Corporation Finance
Comapany NameLifezone Metals Limited
                                                           Office of Energy &
Transportation
March 17, 2023 Page 3
cc:       Nick S. Dhesi
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

_No text found in this document._