SEC FORM 3

SEC FORM 3 SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Showalter Christopher Michael

(Last)

(First)

(Middle)

7050 PINE GATE DRIVE

FAIRVIEW

(Street)

PENNSYLVANIA

16415

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
Lifezone Metals Ltd [ LZM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Lifezone Metals Ordinary Share	2,782,868	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Lifezone Metals Stock Options	⁽¹⁾	08/14/2030	Lifezone Metals Ordinary Share	327,730	$4.4	D
Lifezone Metals Restricted Stock Units	⁽²⁾	⁽²⁾	Lifezone Metals Ordinary Share	333,334	⁽³⁾	D
Lifezone Metals Earnout Units	⁽⁴⁾	07/06/2028	Lifezone Metals Ordinary Share	1,375,745	⁽⁴⁾	D

Explanation of Responses:

1. The Stock Options were granted on August 14, 2025, and vest in three equal installments on November 1, 2025, August 14, 2026 and August 14, 2027

2. RSUs vest equally in three installments on April 7, 2026, September 7, 2026 and April 7, 2027.

3. Each Restricted Stock Unit represents a contingent right to receive one ordinary share of Lifezone Metals Limited.

4. Vest in two equal tranches if the daily VWAP of Lifezone Metals shares for any 20 trading days is greater than or equal to $14.00 or $16.00 .

Remarks:

	Chris Showalter	03/17/2026
	** Signature of Reporting Person	Date
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 5 (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.

New insider Showalter Christopher Michael claimed ownership of 2,782,868 units of Lifezone Metals Ordinary Share (SEC Form 3)