Company: JUPGF
Filing Date: 2025-12-08
Form Type: F-1/A
Source: 0001493152-25-026653
Chunk: 226

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-12-08
Form: F-1/A
Chunk 226
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 will be personally liable to the corporation or any stockholder of the
corporation for monetary damages for breach of fiduciary duty as a director or officer, provided that a director or officer’s liability
will not be limited for any breach of the director’s or the officer’s duty of loyalty to the corporation or its stockholder,
for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law or for any transaction
from which the director or officer derived an improper personal benefit.

Such limitation of liability
and indemnification does not affect the availability of equitable remedies. In addition, the registrant has been advised that in the
opinion of the SEC, indemnification for liabilities arising under the Securities Act is against public policy as expressed in the Securities
Act and is therefore unenforceable. The registrant has obtained directors’ and officers’ liability insurance against any
liability asserted against such person incurred in the capacity of director or officer or arising out of such status, whether or not
the registrant would have the power to indemnify such person.

Item 7. Recent Sales of Unregistered Securities.

In the three years preceding
the filing of this registration statement, we issued the securities described below without registration under the Securities Act. The
securities were issued pursuant to the private placement exemption provided by Section 4(a)(2) of the Securities Act. The list below
accounts for effects of the Reverse Stock Split.

In June 2023, the registrant
issued 26,725 shares of common stock to Atlas Lithium, in satisfaction of the acquisition of a gold processing plant for a total
consideration of $320,700.

In 2022, we issued to three
investors an aggregate of 154,469 unregistered shares of our common stock for $489,875.

In 2023, we issued to five
investors an aggregate of 42,207 unregistered shares of our common stock for $291,600.

In 2024, we issued to fourteen investors an
aggregate of 250,763 unregistered shares of our common stock for $1,582,250.

In 2025, we issued to eighteen investors an
aggregate of 447,690 unregistered shares of our common stock for $2,552,900.

In connection with the
foregoing, we relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act, for transactions not
involving a public