Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 120

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 120
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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
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