Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 22

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 4
Chunk 22
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Item
4. Information on the Company.

4. A.
History and Development of the Company.

Date
of Incorporation, Legal Form, Domicile, & Business Summary

On
July 27, 2016, Atlas Critical Minerals Corporation (“ Atlas Critical Minerals” or “the Company”) was
incorporated as Jupiter Gold Corporation (“ Jupiter Gold”) under the laws of the Republic of the Marshall Islands.
Concurrently, Atlas Lithium Corporation (formerly known as Brazil Minerals, Inc.) (“ Atlas Lithium”), a Nevada corporation,
exchanged its 99.99% ownership in Mineração Jupiter Ltda (“ MJL”), a Brazilian company, for 4,000,000
shares of Jupiter Gold’s common stock. Atlas Lithium held an approximate 32.70% interest in the Company as of December 31,
2024. The Company trades on the OTC Markets (OTCQB) under the symbol JUPGF.

Our
registered office and principal executive offices are located at Rua Antonio de Albuquerque, 156 - 17th Floor, Belo Horizonte,
MG 30.112-010, Brazil, and our telephone number is +1-888-412-0210. The information on, or that can be accessed through, our website
is not part of and should not be incorporated by reference into this annual report or any other report we file or furnish to the U. S.
Securities and Exchange Commission (the “ SEC”). The SEC maintains a website at www. sec. gov that contains reports, proxy and
information statements, and other information regarding issuers that file electronically with the SEC.

On
November 6, 2024 the Company and Apollo Resources Corporation, a Republic of the Marshall Islands corporation (“ Apollo Resources”), entered into an Agreement and Plan of Merger, which provided for, among
other things, the merger of Apollo Resources with and into the Company (the “ Merger”), with the Company continuing its corporate
existence as the surviving corporation. Prior to the Merger, Apollo Resources was a majority-owned subsidiary of Atlas Lithium.

On
November 19, 2024, following satisfaction and/or waiver of the closing conditions in the Merger agreement, including approval of
the transactions contemplated under the Merger Agreement by the requisite vote of the shareholders of Jupiter Gold and Apollo Resources,
respectively, the Merger was consummated and Apollo Resources merged with and into the Company.

In
connection with the consummation of the Merger