Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 56

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 56
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 correct the omission of a reference to the Company’s original Articles of Incorporation, dated July 27, 2016, in Section 2 of the Articles of Amendment.

We have no debt, except for operational payables. We have been primarily funded to date by sales of our common stock. We are prohibited from issuing variable-rate convertible debt by our Bylaws.

BusinessOverview

We area mineral exploration and development company focused on critical minerals projects and properties in Brazil. Our portfolio includes principally mineral properties for rare earths, graphite, titanium, copper, and nickel, all of which are commonly considered to be “critical minerals”. Certain of our mineral rights for copper and rare earths may also contain uranium, which is also a “critical mineral”. Although our primary focus is on our critical mineral properties which are currently in development, we also have a quartzite operation, which is our sole property currently generating revenues, as well as a permit to operate an iron ore mine with planned operations commencing prior to the end of 2025. We also own mineral rights for gold and diamonds. We believe we hold the largest portfolio of critical minerals exploration properties in Brazil among publicly traded companies.

Mineral Properties

Our current mineral properties are listed below, and do not include any mineral properties that would be acquired if we exercise the Option (defined below).

Critical Minerals

| ● | Rare                                                                                                                                    
 Earths: 53,939.23 hectares (~133,287 acres) in 33 mineral rights in Brazil with 18 in the state of Goiás and 15 in the state            
 of Minas Gerais; 30 of such mineral rights are in the phase of exploration permit and three are in the phase of request for exploration 
 permit. Titanium, another critical mineral, has been found within our 15 mineral rights for rare earths in the state of Minas Gerais.   |
| ● | Graphite:                                                                                                                               
 2,913.36 hectares (~7,199 acres) in three mineral rights in Brazil in the state of Minas Gerais, all in the phase of exploration        
 permit; one of the mineral rights is in the final stage for formal recording at ANM of its transfer from a third-party prior owner      
 to us.                                                                                                                                  |
| ● | Uranium:                                                                                                                                
 113,205.92 hectares (~ 279,738 acres) in 22 mineral rights in Brazil with eight in the state of Goiás, five in the state of             
 Minas Gerais, two in the state