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:

Exhibit Number

    

Description

2.01

Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL)

99.1

Extractive Sector Transparency Measures Act – Annual Report for the year ended December 31, 2023

2 of 3


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

Graphic

Ana Cristina Cabral Gardner

Chief Executive Officer

3 of 3


Exhibit 99.1

Extractive Sector Transparency Measures Act - Annual Report

Graphic

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

Graphic Original Submission
Graphic Amended Report

Other Subsidiaries Included
(optional field)

Sigma Lithium Holdings Inc, Sigma Mineração S.A.

 

 

 

Not Consolidated

 

 

 

 

Not Substituted

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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
Document Information
12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001848309
Registrant Name Sigma Lithium Corp
Period End Date Dec. 31, 2023
Reporting Currency CAD
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
Xuxa mine (Phase I)    
Total $ 12,980,000 $ 12,980,000
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
BRAZIL | Municipality of Itinga    
Total 250,000 250,000
BRAZIL | Municipality of Aracuai    
Total 590,000 590,000
BRAZIL | Federal Government of Brazil, Mining National Agency    
Total $ 2,580,000 $ 2,580,000
v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - CAD ($)
Amount
Type
Country
Subnat. Juris.
Govt.
Project
#: 1            
$ 8,650,000 Taxes BRAZIL   Federal Government of Brazil, Federal Revenue Secretary Xuxa mine (Phase I)
#: 2            
910,000 Taxes BRAZIL snj:BR-MG State Government of Minas Gerais, State Treasury of Minas Gerais Xuxa mine (Phase I)
#: 3            
250,000 Taxes BRAZIL snj:BR-MG Municipality of Itinga Xuxa mine (Phase I)
#: 4            
590,000 Taxes BRAZIL snj:BR-MG Municipality of Aracuai Xuxa mine (Phase I)
#: 5            
$ 2,580,000 Taxes BRAZIL   Federal Government of Brazil, Mining National Agency Xuxa mine (Phase I)

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