Company: JUPGF
Filing Date: 2025-11-12
Form Type: F-1/A
Source: 0001493152-25-021911
Chunk: 127

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-11-12
Form: F-1/A
Chunk 127
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. For each mineral
right that we own, we file any paperwork related to it in the local office of the environmental agency that has the applicable geographical
jurisdiction. We believe that we maintain a good relationship with the offices of the environmental agency and believe that our methods
of monitoring are adequate for our current needs.

The environmental agency
normally inspects our operations once every one or two years which is the standard practice for companies in good standing. We estimate
that it costs us $25,000 to $50,000 annually to maintain compliance with various environmental regulations.

Surface disturbance from
any open pit mining performed by us is in full compliance with our mining plan as approved by the local regulatory agencies. We regularly
restore areas that have been exploited by us. The current environmental regulations state that after all mining has ceased (however long
that may take), there would still be five years of available time for any necessary recuperation to be performed. Our mining and recovery
processing for diamonds and gold does not use any chemical products. Tests are conducted regularly and there are no records of groundwater
contamination that has occurred to date.

The table below presents
the principal Federal mining and environmental regulatory laws thatarematerialto
our operations.

| MINING                             |     |                                                                                                                                      |
| Legislative                        |     | Description                                                                                                                          |
| Decree-Law                         
 nº. 227, of February, 28 of 1967   |     | Mining                                                                                                                               
 Code – Addresses the topics of mineral prospecting and research, as well as mine development and production and respective           
 costs, as well as the rights and duties of the owners of mineral rights                                                              |
| Law                                
 nº. 7,990 of 28 December 1989      |     | Establishes,                                                                                                                         
 for the States, Federal District and Municipalities, financial compensation for the result of the exploration of oil or natural gas, 
 of water resources for the purpose of generating electrical energy, of mineral resources in their respective territories             |
| Law                                
 nº. 8,001 of 13 March 1990         |     | Defines                                                                                                                              
 the percentages for the distribution of financial compensation as set out in Law No. 7,990 of December 28, 1989                      |
| DNPM                               
 Ordinance nº. 155, of May 12, 2016 |     | Ordinance                                                                                                                            
 consolidates, systematizes and orders the normative acts related to the regiment for the                                             
 use