Company: JUPGF
Filing Date: 2025-12-08
Form Type: F-1/A
Source: 0001493152-25-026653
Chunk: 127

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-12-08
Form: F-1/A
Chunk 127
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9.</div>

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Mineral Right 867.173/2019

Current Status: Exploration Permit, valid until April 2, 2028. We plan to prepare and file the necessary studies with ANM to continue to maintain ownership of this mineral right after the expiration date.

<div align='center'>Figure 51 – Map of Mineral Right 867.173/2019.</div>

Mineral Right 867.174/2019

Current Status: Exploration Permit, valid until April 2, 2028. We plan to prepare and file the necessary studies with ANM to continue to maintain ownership of this mineral right after the termination date.

<div align='center'>Figure 52 – Map of Mineral Right 867.174/2019.</div>

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Future Production
and Sales

We expect the demand for
critical minerals to be facilitated by Brazil’s strong mining tradition and its substantial annual trade with China, the United
States, and the European Union. We intend to utilize intermediaries for sales as to focus on our core competencies of exploration and
extraction.

Raw Materials

We do not have any material
dependence on any raw materials or raw material supplier. All of the raw materials that we need are available from numerous suppliers
and at market-driven prices.

Dependence on Licenses, Commercial or Financial Contracts or New Manufacturing Methods

We depend on permitting
to carry out our exploratory activities. Such permitting is standard in Brazil for mineral exploration activities.

Intellectual Property

We do not own or license
any intellectual property which we consider to be material.

Government Regulation

Mining
Regulation and Compliance

Mining regulation in Brazil
is carried out by the mining department, a federal entity, and each state in Brazil has an office of this federal entity. For each mineral
right that we own, we file any paperwork related to it in the office of the mining department in the state in which such mineral right
is located. We believe that we maintain a good relationship with the mining department and that our methods of monitoring are adequate
for our current needs.

The mining department normally
inspects our operations once a year via an unannounced visit. We estimate that it costs us $25,000 to $50,000 annually to maintain compliance
with various mining regulations.

Environmental
Regulation and Compliance

Environmental regulation
in Brazil is carried out by a state-level agency, which may have multiple offices, one for each region of the state. For each mineral