Company: JUPGF
Filing Date: 2025-11-12
Form Type: F-1/A
Source: 0001493152-25-021911
Chunk: 198

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-11-12
Form: F-1/A
Chunk 198
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We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess
the risks of material misstatement of the financial statements, whether due to error or fraud and performing procedures that respond to
those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Pipara & Co LLP

For, Pipara & Co LLP (6841)

We have served as the Company’s auditor since 2024

Place: Ahmedabad, India

Date: August 03, 2024

| F-19 |

<div align='center'>APOLLO RESOURCES CORPORATION

CONSOLIDATED BALANCE SHEETS</div>

| ASSETS                                     
 Current assets:                            |     | December 31, 
 2023         |            |   |     | December 31, 
 2022         |            |   |
|:-------------------------------------------|:----|:-------------|-----------:|:--|:----|:-------------|-----------:|:--|
| Cash and cash equivalents                  |     | $            |      5,973 |   |     | $            |      5,198 |   |
| Related party transactions                 |     |              |    674,461 |   |     |              |          - |   |
| Other current assets                       |     | $            |     30,147 |   |     |              |     17,692 |   |
| Total current assets                       |     | $            |    710,581 |   |     | $            |     22,890 |   |
| Property and equipment, net                |     |              |  1,059,862 |   |