Company: JUPGF
Filing Date: 2025-11-12
Form Type: F-1/A
Source: 0001493152-25-021911
Chunk: 196

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-11-12
Form: F-1/A
Chunk 196
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 per share or in the authorized number of
common shares. Fractional shares resulting from the reverse stock split have been rounded up to the next whole share.

| F-16 |

In compliance with the SEC
regulation S-X and following the merger with Apollo Resources, the Company presents below Apollo’s unaudited consolidated statements
of operations and comprehensive loss and the unaudited consolidated cash flow statement for the eleven-month period ended November 30,
2024, as well as Apollo’s audited consolidated financial statements for the years ended December 31, 2023 and December 31, 2022.

APOLLO RESOURCES CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

SCHEDULE OF CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

|                                         |     | Eleven-month period ended November 30, 
 2024                                   |            |   |
|:----------------------------------------|:----|:---------------------------------------|-----------:|:--|
|                                         |     | -Unaudited                             |            |   |
| Revenue                                 |     |                                        |            |   |
| Cost of revenue                         |     | $                                      |          - |   |
| Gross profit                            |     | $                                      |          - |   |
| Operating expenses:                     |     |                                        |            |   |
| General and administrative              |     | $                                      |   (661,493 | ) |
| Stock based compensation                |     | $                                      |   (938,808 | ) |
| Total operating expenses                |     | $                                      | (1,600,301 | ) |
| Loss from Operations                    |     | $                                      | (1,600,301 | ) |
| Other expense (income):                 |     |                                        |            |   |
| Other expense (income)                  |     | $                                      |    110,459 |   |
| Finance results                         |     | $                                      |    110,459 |   |
| Loss before provision for income taxes  |     | $                                      | (1,489,842 | ) |
| Provision for income taxes              |     | $                                      |          - |   |
| Net loss                                |     | $                                      |  1,489,842 |   |
| Comprehensive loss:                     |     |                                        |            |   |
| Net loss                                |     | $                                      |  1,489,842 |   |
| Foreign currency translation adjustment |