Company: JUPGF
Filing Date: 2025-09-25
Form Type: F-1/A
Source: 0001493152-25-014979
Chunk: 211

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-25
Form: F-1/A
Chunk 211
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753 |   |     | $                         |  327,174 |   |
| Effect of exchange rates on cash and cash equivalents                   |     | $                         |      1,279 |   |     | $                         |   (7,228 | ) |
| Net increase (decrease) in cash and cash equivalents                    |     | $                         |     49,026 |   |     | $                         |   26,143 |   |
| Cash and cash equivalents at beginning of period                        |     | $                         |    396,216 |   |     | $                         |   92,813 |   |
| Cash and cash equivalents at end of period                              |     | $                         |    445,242 |   |     | $                         |  118,956 |   |

<div align='center'>The accompanying notes are an integral part of the condensed consolidated financial statements.</div>

| F-33 |

<div align='center'>ATLAS CRITICAL MINERALS CORPORATION

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)</div>

NOTE 1 – ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization and Description of Business

On July 27, 2016, Atlas Critical Minerals Corporation (“Atlas Critical Minerals”) was incorporated as Jupiter Gold Corporation (“Jupiter Gold”) under the laws of the Republic of the Marshall Islands. Concurrently, Atlas Lithium Corporation (“Atlas Lithium”), a Nevada corporation, exchanged its 99.99% ownership in Mineração Jupiter Ltda (“MJL”), a Brazilian company, for 4,000,000shares of Jupiter Gold’s common stock. Atlas Lithium held 30.1% interest in the Company as of June 30, 2025. The Company trades on the OTC Markets (OTCQB) under the symbol JUPGF.

On December 20, 2024, the Articles of Incorporation of the Company were amended to change the name of the Company to Atlas Critical Minerals Corporation. This name change was carried out to reflect a broader focus of the Company following its merger with Apollo Resources Corporation.

The Company’s mineral properties are in exploration or pre-exploration phases except for the following:

| ● | Rio                                                                                                                                     
 Piracicaba Iron ore mineral right: Rio Piracicaba Iron ore mineral right: located in Rio Piracicaba, in the ore quadrangle in Minas     
 Gerais State, this