Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 207

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 207
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 power to indemnify
them against such liability under the foregoing.

Under Section 60 of
the BCA (and as provided in the registrant’s Bylaws), the indemnification and advancement of expenses provided by, or granted under
the foregoing continue with regard to a person who has ceased to be a director, officer, employee or agent and inure to the benefit of
their heirs, executors and administrators unless otherwise provided when authorized or ratified. Additionally, the registrant’s
By-Laws provide that no director or officer of the corporation will be personally liable to the corporation or any stockholder of the
corporation for monetary damages for breach of fiduciary duty as a director or officer, provided that a director or officer’s liability
will not be limited for any breach of the director’s or the officer’s duty of loyalty to the corporation or its stockholder,
for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law or for any transaction
from which the director or officer derived an improper personal benefit.

Such limitation of liability
and indemnification does not affect the availability of equitable remedies. In addition, the registrant has been advised that in the
opinion of the SEC, indemnification for liabilities arising under the Securities Act is against public policy as expressed in the Securities
Act and is therefore unenforceable. The registrant has obtained directors’ and officers’ liability insurance against any
liability asserted against such person incurred in the capacity of director or officer or arising out of such status, whether or not
the registrant would have the power to indemnify such person.

Item 7. Recent Sales of Unregistered Securities.

In the three years preceding
the filing of this registration statement, we issued the securities described below without registration under the Securities Act. The
securities were issued pursuant to the private placement exemption provided by Section 4(a)(2) of the Securities Act. The list below
accounts for effects of the Reverse Stock Split.

In June 2023, the registrant
issued 21,380 shares of common stock to Atlas Lithium, in satisfaction of the acquisition of a gold processing plant for a total
consideration of $320,700.

In 2022, we issued to three
investors an aggregate of 123,569 unregistered shares of our common stock for $489,875.

In 2023, we issued to five
investors an aggregate of 33,766 unregistered shares of our common