Atlas Lithium Corp (ATLX)

[ImOnABoat]

THE SUMMARY OF THE BMIX S-1 FILED ON 1/28/22

LINK TO THE FILING

1) They are basically doing an up-listing IPO. They are raising the capital by selling units (shares + warrants) to large/institutional investors.

2) They will up-list under same symbol, BMIX, on either NASDAQ or NYSE after the IPO offering (which will ONLY happen if they DO up-list) and after the R/S to get above $4 per share immediately prior to the up-listing (The only requirement that will be left to meet).

3) They may raise as much as $17,250,000 to use in developing their Lithium and other assets, which would PROPEL THE COMPANY WITH A MARKET CAP OF A MEASLY $23M TO A WHOLE NEW LEVEL. NONE OF THESE SHARES COULD BE SOLD BY THESE LARGE INVESTORS FOR 6 MONTHS (LOCK-UP PERIOD) - SO THERE IS A NO-DILUTION GUARANTEE FROM THIS NASDAQ/NYSE IPO FOR 6 MONTHS (SEE PAGE 6 "LOCK-UP").

4) EF Hutton investment bank is the underwriter of this IPO.

https://en.wikipedia.org/wiki/EF_Hutton

5) BMIX is one of the "largest listed companies by size and breadth in exploration projects for strategic minerals in Brazil, a premier mineral jurisdiction."

6) The company's goal is to become “the Mineral Resources Company for the Green Energy Revolution.”

7) BMIX owns 48.94% of Apollo Resources Corporation, a private company currently primarily focused on the development of its initial iron mine, expected to start operations and revenues in early 2023.

8) BMIX owns 24.56% of Jupiter Gold Corporation, a company focused on the development of gold projects and of a quartzite mine, and whose common shares are quoted on the OTCQB under the symbol “JUPGF”, currently trading at $1 per share. The quartzite mine is expected to start operations and revenues in 2022.