Atlas Lithium is pleased to announce that it has signed a Memorandum of Understanding with Mitsui & Co., with respect to Mitsui's potential interest in acquiring the right to purchase Atlas Lithium's future lithium concentrate production. Mitsui is a global enterprise headquartered in Tokyo, Japan, with $122.3 billion in assets, $96.4 billion in annual revenues, and 44,336 employees in 63 countries, as of its last [...]
Atlas Lithium announced the closing of its underwritten public offering of 675,000 shares of common stock and Nasdaq uplisting. In addition, the underwriters exercised their over-allotment option to purchase an additional 101,250 shares of common stock. The shares began trading on the Nasdaq Capital Market under the ticker symbol "ATLX" on January 10, 2023. EF Hutton, division of Benchmark Investments, LLC, acted as sole [...]
Atlas Lithium Corp. announced the pricing of its underwritten public offering of 675,000 shares of common stock at a public offering price of $6.00 per share, for aggregate gross proceeds of approximately $4.05 million, prior to deducting underwriting discounts, commissions, and other offering expenses. The Company has granted the underwriters a 45-day option to purchase up to an additional 101,250 shares at the public [...]
Atlas Lithium announced that Apollo Resources has received a permit from the Brazilian mining department to mine iron ore at its 100%-owned Rio Piracicaba Iron Project. "Apollo Resources is a powerful differentiator within Atlas Lithium's mineral portfolio," said Marc Fogassa, Chairman and Chief Executive Officer of Atlas Lithium. "Iron ore, Brazil's second largest export item, has market dynamics that are mostly [...]
Atlas Lithium announced that Jupiter Gold Corp. has received the necessary permitting to begin operating its first quartzite mine. "Obtaining the operational permit is a highly significant milestone for Jupiter Gold, an important component of our mineral asset portfolio," said Marc Fogassa, Chairman and Chief Executive Officer of Atlas Lithium. "This development is a mandatory step towards beginning mining activities for [...]
Atlas Lithium is pleased to provide an update on its drilling campaign at its flagship 100%-owned Minas Gerais Lithium Project. MGLP encompasses 227 km2 of mineral rights which the Company believes to be the largest such collection in a premier jurisdiction for hard-rock lithium known as "Lithium Valley" in the state of Minas Gerais in Brazil. The Company further announced that a fourth additional diamond core drilling [...]
Atlas Lithium is pleased to announce the arrival of a third diamond core drilling rig at the Abelhas Target in the Neves Area, part of its flagship 100%-owned Minas Gerais Lithium Project. Two additional diamond core drilling rigs have also been pre-ordered. MGLP encompasses 227 km2 of mineral rights which the Company believes to be the largest such collection in a premier jurisdiction for hard-rock lithium known as [...]
Atlas Lithium is pleased to announce the results of the first 23 holes drilled in the Company's lithium exploration program at the Abelhas Target in the Neves Area, part of its flagship 100%-owned Minas Gerais Lithium Project. MGLP encompasses 227 km2 of lithium mineral rights which the Company believes to be the largest such collection in the state of Minas Gerais, a premier jurisdiction for hard-rock lithium. The Neves [...]
Atlas Lithium provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10-Q for the third quarter ended September 30, 2022. Corporate Update Atlas Lithium's focus is on developing its hard-rock lithium project located in Minas Gerais. The Company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain. Lithium is essential for batteries in electric [...]
Atlas Lithium has engaged international investor relations specialists MZ Group to lead a comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Atlas Lithium management to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community. The campaign will [...]
Atlas Lithium Corp. is the new corporate name and ticker symbol of Brazil Minerals Inc. This change, first announced in July 2022, helps better reflect the Company's lithium focus. Atlas Lithium is currently advancing and developing its 100%-owned hard-rock lithium project which consists of 52 mineral rights spread across 56,078 acres, located primarily in and around the municipality of Araçuaí in the Jequitinhonha Valley [...]
First geological report completed in accordance with the Regulation S-K 1300 standard. Brazil Minerals' 100%-owned Minas Gerais Lithium Project now consists of 22,694 hectares of mineral rights; the Company believes that it holds the largest portfolio of lithium mineral exploration properties in Brazil. The Company's lead geologist estimates 10M-20M tons of spodumene potential within the Neves area alone; the Neves area [...]
