Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 56

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 16F
Chunk 56
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Item
16F. Change in Registrant’s Certifying Accountant.

Dismissal
of BF Borgers CPA PC (“ Borgers”)

On
May 9, 2024, our Board of Directors unanimously voted to dismiss BF Borgers CPA PC as our independent registered public
accountant following the SEC’s order instituting settled administrative and cease-and-desist proceedings against Borgers and its
sole audit partner, Benjamin F. Borgers CPA, permanently barring Mr. Borgers and Borgers (collectively, “ BF Borgers”) from
appearing or practicing before the Commission as an accountant.

BF
Borgers’ reports on our financial statements as of and for the fiscal years ended December 31, 2023 and December
31, 2022 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope
or accounting principles.

During
the fiscal years ended December 31, 2023 and December 31, 2022, and through May 9, 2024 (the date of BF Borgers’ dismissal), there
were no disagreements with BF Borgers on any matter of accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which if not resolved to BF Borgers’ satisfaction would have caused it to make reference thereto in connection
with its reports on the financial statements for such year. During the fiscal years ended December 31, 2023, and December 31, 2022, and
through May 9, 2024, there were no events of the type described in 16F(a)(1)(v) of Form 20-F.

Engagement
of Pipara & Co. LLP

On
May 18, 2024, our Board of Directors unanimously approved the engagement of Pipara
as our independent registered public accounting firm for the fiscal year ending December 31, 2024. The engagement letter
with Pipara was signed on May 21, 2024.

During
the two most recent fiscal years and in the subsequent interim period through May 21, 2024, neither us nor anyone on our behalf
has consulted with Pipara with respect to (i) the application of accounting principles to a specified transaction, either completed or
proposed, or the type of audit opinion that would have been rendered on our consolidated financial statements, and neither
a written report nor oral advice was provided to us that Pipara concluded was an important factor