Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 154

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 154
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qualified retirement                                                                                                                 
 plans;                                                                                                                                   |
| ● | certain former citizens or                                                                                                               
 long-term residents of the United States;                                                                                                |
| ● | partnerships or entities                                                                                                                 
 or arrangements classified as partnerships for U.S. federal income tax purposes and other pass-through entities (and investors therein); |
| ● | persons who hold our securities                                                                                                          
 as a position in a hedging transaction, “straddle,” “conversion transaction” or other risk reduction transaction                         
 or integrated investment;                                                                                                                |
| ● | persons who do not hold our                                                                                                              
 securities as a capital asset within the meaning of Section 1221 of the Code; or                                                         |
| ● | persons deemed to sell our                                                                                                               
 securities under the constructive sale provisions of the Code.                                                                           |

In addition, if a partnership
(or entity or arrangement classified as a partnership for U.S. federal income tax purposes) holds our securities, the tax treatment of
a partner generally will depend on the status of the partner and upon the activities of the partnership. Accordingly, partnerships that
hold our securities, and partners in such partnerships, should consult their tax advisors.

You are urged to consult your own tax advisors with respect to the application of the U.S. federal income tax laws to your particular situation, as well as any tax consequences of the purchase, ownership and disposition of our securities arising under the U.S. federal estate or gift tax laws or under the laws of any state, local, non-U.S., or other taxing jurisdiction or under any applicable tax treaty.

Consequences to U.S. Holders

The following is a summary
of the U.S. federal income tax consequences that will apply to a U.S. holder of our securities. For purposes of this discussion, you
are a U.S. holder if, for U.S. federal income tax purposes, you are a beneficial owner of our securities, other than a partnership, that
is:

| ● | an individual citizen or                                                                                                            
 resident of the United States;                                                                                                      |
| ● | a corporation or other entity                                                                                                       
 taxable as a corporation created or organized in the United States or under the laws of the United States, any state thereof or the 
 District of Columbia;                                                                                                               |
| ● | an estate whose income is                                                                                                           
 subject to U.S. federal income tax regardless of its source; or                                                                     |
| ● | a trust (x) whose administration                                                                                                    
 is subject to the primary supervision of a U.S. court and which has one or more