# EDGAR Filing Document

**Accession Number:** 0001500305
**File Stem:** 0001437749-23-004561
**Filing Date:** 2023-2
**Character Count:** 8112
**Document Hash:** e332b28b0c9228c5f84aee9cae596cdd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-004561.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001437749-23-004561

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230214

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Sune Mathiesen
- **CENTRAL INDEX KEY:** 0001617462

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-54875
- **FILM NUMBER:** 23667989

**MAIL ADDRESS:**
- **STREET 1:** HELSTED HUSEVEJ 45
- **CITY:** RANDERS
- **STATE:** G7
- **ZIP:** 8920
**ISSUER**: 

**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

**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

## Ex-24

```

POWER OF ATTORNEY
I, Sune Mathiesen, hereby authorize and designate each of Ben A. Stacke,
Griffin D. Foster, and Amra Hoso signing singly, as my true and
lawful attorney-in-fact to:
(1) prepare and execute for and on my behalf, in my capacity as
an officer and/or director of Sustainable Projects Group Inc.
(the "Company"), a Form ID and Forms 3, 4 and 5 in accordance
with Section 16(a) of the Securities Exchange Act of 1934 (the "Exchange Act")
and the rules and regulations promulgated thereunder and other
forms or reports on my behalf as may be required to be filed in
connection with my ownership, acquisition, or disposition of
securities of the Company, including Form 144;
(2) do and perform any and all acts for and on my behalf that
may be necessary or desirable to complete and execute any such
Form ID, Form 3, 4 or 5, Form 144, and Schedule 13 and any
amendments to any of the foregoing, and timely file any such
form with the Securities and Exchange Commission and any
stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such attorney-in-fact,
may be to my benefit, in my best interest, or legally required
of me, it being understood that the statements executed by such
attorney-in-fact on my behalf pursuant to this Power of Attorney
shall be in such form and shall contain such terms and conditions
as such attorney-in-fact may approve in such attorney-in-facts discretion.
I hereby further grant to each such attorney-in-fact full power
and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as
fully to all intents and purposes as I might or could do if personally
present, with full power of substitution or revocation, hereby ratifying
and confirming all that such attorney-in-fact, or such attorney-in-facts
substitute or substitutes, shall lawfully do or cause to be done by
virtue of this Power of Attorney and the rights and powers herein granted.
I hereby acknowledge that the foregoing attorneys-in-fact, in serving
in such capacity at my request, are not assuming, nor is the Company
assuming, any of my responsibilities to comply with Section 16 of the
Exchange Act or Rule 144 under the Securities Act of 1933, as
amended (the "Securities Act").
This Power of Attorney shall remain in full force and effect until
I am no longer required to file Form ID or Forms 3, 4 and 5 or
Form 144 with respect to my holdings of and transactions in
securities issued by the Company, unless earlier revoked by me
in a signed writing delivered to the foregoing attorneys-in-fact.
Notwithstanding the foregoing, if any such attorney-in-fact hereafter
ceases to be at least one of the following: (i) an employee of the
Company, (ii) a partner of Faegre Drinker Biddle & Reath LLP
or (iii) an employee of Faegre Drinker Biddle & Reath LLP, then
this Power of Attorney shall be automatically revoked solely
as to such individual, immediately upon such cessation, without any further
action on my part.
I hereby revoke all previous Powers of Attorney that have been granted
by me in connection with my reporting obligations, if any, under Section 16
of the Exchange Act and Rule 144 under the Securities Act
with respect to my holdings of and transactions in securities issued
by the Company.
IN WITNESS WHEREOF, I have caused this Power of Attorney to be duly
executed as of this 23rd day of February, 2023.

/s/ Sune Mathiesen

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Sune Mathiesen<br><sub>(Last) (First) (Middle)</sub><br>2316 PINE RIDGE

#383<br><sub>(Street)</sub><br>NAPLES, FL 34109<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Sustainable Projects Group Inc. [ SPGX ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-02-14 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_Chairman, President and CEO_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 92483587<sup>(1)</sup> | I | By Sune Mathiesen Holding ApS |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Consists of 92,483,587 shares owned directly by Sune Mathiesen Holding ApS. Mr. Mathiesen is the managing director of Sune Mathiesen Holding ApS.

**Remarks:**
Exhibit List: EX-24 Power of Attorney

**Signature:** /s/ Ben A. Stacke, Attorney-in-Fact  
**Date:** 2023-02-24

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**