Capital Raise 2025

$60 million in equity and convertible debt to commission and ramp 8,300 tpa nameplate capacity across three facilities. EBITDA-positive in 2027.

	Offering Summary
Issuer	Sustainable Projects Group, Inc. (SPGX)*
Equity	Up to $60 million
Convertible Debt	Up to $60 million
Offering Type	Registered Common Shares
Closing	Q4 2025

Sustainable Projects Group, Inc. (SPGX)*

Up to $60 million

Registered Common Shares

Q4 2025

*Sustainable Projects Group, Inc. (OTC: SPGX), d/b/a Lithium Harvest. Intends to seek NYSE listing under proposed ticker “LIHV” (approval pending).

Alberta facility - commissioning in Q1 2027 and ramp; nameplate 5,400 tpa LCE by 2029
North Dakota I & II - commissioning in Q4 2027 and ramp; nameplate 1,400 + 1,600 tpa LCE by 2029
Working capital & contingency - support first shipments and ramp to near-steady operations
Further expansions funded by operating cash, project-level debt, and applicable programs once initial assets are cash-generative

	2036 Targets (Illustrative)
Revenue	$1.09bn
EBITDA	$788m (72% margin)
Gross Margin	74%
Installed Capacity	51,741 tpa LCE
Waypoints	EBITDA positive in 2027; cash breakeven in 2028.

$1.09bn

$788m (72% margin)

74%

51,741 tpa LCE

EBITDA positive in 2027; cash breakeven in 2028.

Expand capacity at speed - replicate modular, co-located plants at qualified sites.
Invest ahead of the curve - trade near-term cash flow (2026-2028) to secure supply, customers, and first-mover benefits.
Reinvest profits to maximize long-term value - prioritize capacity adds, project value uplift, and unit-cost reductions.
Growth projects to accelerate expansion and revenue - SVU + digital twin to validate and optimize; debottlenecking and mineral co-recovery to lift output and value.

Fastest-to-market - online in 12-18 months vs 14 years for traditional mining.
Lowest capital & cost - up to 73% lower CapEx and up to 48% lower OpEx vs traditional mining; top-quartile cost position.
Most sustainable - carbon-neutral process design, 81% lower freshwater use, and up to 99% smaller land footprint.
Unique DBOO model - we design, build, own, and operate facilities with partner scenarios that peers do not offer.
IP-protected, end-to-end - patented, engineered flow sheet across pre-treatment, DLE, and post-treatment.
Execution pedigree - we are water engineers, not mining theorists; 20+ years’ experience and 400+ full-scale systems delivered.

Strategy, market thesis, and growth plan distilled into a single, investor-ready brief.
Full operating model and ramp schedule with key assumptions, sensitivities, and unit economics.
Project pipeline, timelines, and commercialization plan, plus risk factors and mitigations.
Team, governance, and finance overview for diligence preparation.