Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 151

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 151
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 the transaction qualified as a common control transaction,       
 and reviewing the transfer of assets to and its accounting at historical value, in accordance  
 with ASC 805-50                                                                                |
| 2. | Evaluating                                                                                     
 the appropriateness of disclosures in the financial statements is in accordance with ASC       
 805-50 for Acquisition of Assets in Note 2 to the consolidated financial statement.            |

/s/Pipara & Co LLP

For, Pipara & Co LLP (6841)

We have served as the Company’s auditor since 2024

Place: Ahmedabad, India

Date:
February 27, 2025

| F-2 |

<div align='center'>ATLAS CRITICAL MINERALS CORPORATION

CONSOLIDATED BALANCE SHEETS</div>

| ASSETS                                                                                                                                                                                
 Current assets:                                                                                                                                                                       |     | December 31, 
 2024         |            |   |     | December 31, 
 2023         |            |   |     | December 31, 
 2022         |            |   |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-------------|-----------:|:--|:----|:-------------|-----------:|:--|:----|:-------------|-----------:|:--|
| Cash and cash equivalents                                                                                                                                                             |     | $            |    396,216 |   |     | $            |     92,813 |   |     | $            |     25,438 |   |
| Related parties transactions                                                                                                                                                          |     |              |          - |   |     |              |          - |   |     |              |          - |   |
| Trade Receivable                                                                                                                                                                      |     | $            |     47,682 |   |     |              |          - |   |     |              |          - |   |
| Taxes recoverable                                                                                                                                                                     |     | $            |         26 |   |     |              |          - |   |     |              |          - |   |
| Inventories                                                                                                                                                                           |     | $            |    171,726 |   |     |              |          - |   |     | $            |          - |   |
| Other current assets                                                                                                                                                                  |     | $            |     47,772 |   |     | $            |      3,621 |   |     |              |          - |   |
| Total current assets                                                                                                                                                                  |     | $            |    663,422