Atlas Lithium Corp
For the period ended Mar 31, 2025. Filed May 9, 2025.
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Mar 31, 2025 · Filed May 9, 2025
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UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
We consummated the following sales of unregistered securities during the three months ended March 31, 2025, which sales were exempt from registration under the Securities Act upon reliance on Section 4(a)(2) thereof:
| ● | On January 1, 2025, we issued 40,000 common stock options to certain of our directors as director compensation, consisting of 10,000 common stock options to each of the following: Amb. Roger Noriega, Ms. Cassiopeia Olson, Mr. Rodrigo Menck, and Mr. Stephen R. Petersen. |
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| ● | On January 29, 2025, we issued 75,000 common stock purchase warrants to certain investors in connection with the Company’s equity financing activities. |
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