Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 41

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 6
Chunk 41
---
 of grant date fair value pursuant to         
           FASB ASC Topic 718.                                                                                                                       
  (3)      Represents                                                                                                                                
           Mr. Monteiro’s base salary of $2,000 per month fully paid in shares. In 2024, we paid Mr. Monteiro amounts owed from                      
           August 2021 to December 2024.                                                                                                             
  (4)      Represents                                                                                                                                
           Mr. Bernier’s base salary of $2,500 per month fully paid in shares. In 2024, we paid Mr. Bernier amounts owed from                        
           January 2023 to December 2024.                                                                                                            
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  (2)      Pursuant                                                                                                                                  
  (5)      Represents                                                                                                                                
  (6)      Mr. Menck received 50,000 restricted stock units                                                                                          

  88  

  Table of Contents  

Non-executive
directors

The
following table sets forth a summary of compensation paid to non-executive directors for the fiscal year ended December 31, 2024. We
do not sponsor a pension benefits plan, a non-qualified deferred compensation plan, or a non-equity incentive plan for directors; therefore,
these columns have been omitted from the following table. No other or additional compensation for services were paid to any of the directors.

  Name                                                 Fees Earned or                 Option       Stock       Total  
                                                       Paid in Cash                   Awards      Awards         ($)  
                                                       ($)                            ($)            ($)              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Agenor Narcisco Drumond de Cuculicchio, Esq.(1)                          5,301      $           $3,820      $9,121  
  Gabriel Santos Cordeiro de Andrade, Esq.(2)                              5,301      $           $3,820      $9,121  

  (1)      Mr.                                                                               
  (2)      Mr.                                                                               

We do not set aside or accrue any amounts to provide pension, retirement or similar benefits to the directors
and officers set forth above.

6. C. Board Practices.

Our
business is managed by the directors who exercise all of our powers, subject to the Business Corporations Act of the
Republic of the Marshall Islands, our Amended and Restated Articles of Incorporation (as amended,