New Risk • Jul 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €87.0m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (US$142k revenue). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$34m). Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (€100k sold). Market cap is less than US$100m (€87.0m market cap, or US$99.4m). New Risk • May 27
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €100k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$34m free cash flow). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (US$142k revenue). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (€100k sold). Ankündigung • Apr 16
Atlas Lithium Corporation, Annual General Meeting, May 28, 2026 Atlas Lithium Corporation, Annual General Meeting, May 28, 2026. Ankündigung • Dec 06
Atlas Lithium Corporation has filed a Follow-on Equity Offering in the amount of $10 million. Atlas Lithium Corporation has filed a Follow-on Equity Offering in the amount of $10 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: $4
Transaction Features: Registered Direct Offering Ankündigung • Apr 16
Atlas Lithium Corporation, Annual General Meeting, May 28, 2025 Atlas Lithium Corporation, Annual General Meeting, May 28, 2025. Ankündigung • Dec 30
Atlas Lithium Announces the Appointment of Lili Wu as Head of Business Development for Asia Atlas Lithium is expanding its global footprint with the appointment of Lili Wu as Head of Business Development for Asia. Based in Beijing, Ms. Wu brings a wealth of knowledge and an extensive network in the lithium and battery materials industries. Her prior roles at InsightWoo and IHS Markit (now part of S&P Global) demonstrate her ability to drive results in international markets. From negotiating long-term procurement agreements to advising top financial institutions on lithium investments, she has a proven ability to add value in the ever-evolving lithium supply chain. Ms. Wu holds a Master's degree in Accounting from the University of New South Wales and a Bachelor's degree in International Trade from Beijing International Studies University. The appointment of Ms. Wu comes at a strategic time as Atlas Lithium continues to strengthen its market presence in regions experiencing robust electric vehicle growth. Recent market data shows China's electric vehicle (EV) sales jumped 51% year-over-year as of November 2024, underlining the region's vital role in the global energy transition. With established offtake agreements with major partners like Mitsui &Co. in Japan and leading lithium chemical producers Chengxin and Yahua in China, Atlas Lithium has commercial relationships in key growth markets. This global approach positions the Company to capitalize on worldwide opportunities in the lithium supply chain while reducing dependence on any single regional market. Ankündigung • Nov 23
Atlas Lithium Corporation has filed a Follow-on Equity Offering in the amount of $25 million. Atlas Lithium Corporation has filed a Follow-on Equity Offering in the amount of $25 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering New Risk • Oct 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €88.6m (US$97.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (US$374k revenue). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$49m). Currently unprofitable and not forecast to become profitable next year (US$3.3m net loss next year). Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (€88.6m market cap, or US$97.8m). New Risk • Aug 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (US$374k revenue). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$49m). Currently unprofitable and not forecast to become profitable next year (US$3.3m net loss next year). New Risk • May 17
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$19m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (US$187k revenue). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$19m). Currently unprofitable and not forecast to become profitable next year (US$10m net loss next year). Ankündigung • Apr 17
Atlas Lithium Corporation, Annual General Meeting, May 28, 2024 Atlas Lithium Corporation, Annual General Meeting, May 28, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect the five individuals named in the accompanying proxy statement to the Board of Directors, for terms expiring at the 2025 annual meeting; to ratify the appointment of BF Borgers CPA PC as independent registered public accounting firm for the fiscal year ending December 31, 2024; to approve equity grants as director compensation to the independent directors of the Company; to approve, on a non-binding, advisory basis, the compensation of named executive officers; to vote, on a non-binding, advisory basis, on the frequency (every year, two years or three years) of future say-on-pay votes; and to discuss other matters. New Risk • Apr 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (117% increase in shares outstanding). Revenue is less than US$1m. New Risk • Mar 28
New major risk - Revenue and earnings growth Earnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 69% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$17m net loss next year). Share price has been volatile over the past 3 months (8.9% average weekly change). Ankündigung • Mar 28
Atlas Lithium Corporation announced that it expects to receive $30 million in funding from Mitsui & Co., Ltd. Atlas Lithium Corporation announced that it has signed agreements for its equity investment with returning investor Mitsui & Co. for the gross proceeds of $30,000,000 on March 28, 2024. Ankündigung • Mar 22
Brian Talbot to Join Atlas Lithium Corporation as Chief Operating Officer and Director, Effective April 1, 2024 Atlas Lithium Corporation announced the upcoming addition of Brian Talbot as Chief Operating Officer and a member of the Company's Board of Directors effective April 1, 2024. Mr. Talbot is a renowned lithium sector executive with extensive development and operational expertise. This strengthening of the executive team comes on the heels of the Company's early revenue strategy, with anticipated first revenues and production commencing in fourth quarter of 2024. Mr. Talbot is considered one of the leading authorities in lithium globally and has an extensive track record as a technical and operational leader throughout his career with over 30 years of experience in mining operations. In particular, he has extensive experience in DMS (dense media separation) plant development and operation, having worked at major lithium companies where he built a strong track record of operational performance. Most recently, Mr. Talbot was founder and director of RTEK International DMCC. From July 2022 to September 2023, Mr. Talbot was the Chief Operating Officer at Sigma Lithium Corporation ("Sigma Lithium"). At Sigma Lithium, he oversaw the development of that company's Grota do Cirilo project from construction through commissioning and operations. From 2017 to 2022, Mr. Talbot held positions as General Manager and Head of Australian Operations at Galaxy Resources, through mergers now part of Arcadium Lithium PLC. While at Galaxy Resources, Mr. Talbot was instrumental in increasing the production at Mt. Cattlin by 100%, which resulted in record production. Previously, from 2015 to 2017, Mr. Talbot was at Bikita Minerals in Zimbabwe, which owns and operates the longest running hard-rock lithium mine in the world. With extensive experience designing, planning, building, and managing profitable mining operations globally, Mr. Talbot has a proven track record of driving operational excellence. His leadership has consistently improved efficiency, identified commercial opportunities, extended mine life, and maximized safety across diverse projects and regions. He holds a bachelor's degree in chemical engineering with Honors from the University of Witwatersrand, South Africa. Ankündigung • Dec 08
Atlas Lithium Corporation Announces Update on the Complaint Filed by Douglas Salomon Atlas Lithium Corporation announced that Reference is made to the Current Report on Form 8-K filed by Atlas Lithium Corporation the “Company” on June 6, 2023 with the Securities and Exchange Commission regarding the June 3, 2023 complaint filed by Douglas Salomon against the Company and certain members of the Company’s senior management in the United States District Court for the Central District of California . On the June 6, 2023 Form 8-K, the Company indicated that it believed the Complaint to be without any merit. On September 11, 2023, the Court entered an order appointing a lead plaintiff. On October 5, 2023, the Court entered a scheduling order providing, among other things, a deadline of November 27, 2023 for lead plaintiff to file a consolidated amended Complaint. In lieu of filing an amended Complaint, on November 27, 2023, the lead plaintiff opted to dismiss the Complaint and filed a stipulation of dismissal signed by all parties which ended the Complaint. Ankündigung • Dec 06
Atlas Lithium Corporation has completed a Follow-on Equity Offering in the amount of $9.999981 million. Atlas Lithium Corporation has completed a Follow-on Equity Offering in the amount of $9.999981 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 335,908
Price\Range: $29.77
Discount Per Security: $0
Transaction Features: Registered Direct Offering New Risk • Dec 06
New major risk - Revenue and earnings growth Earnings have declined by 57% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 57% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Revenue is less than US$1m (US$620 revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$19m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Ankündigung • Dec 03
Atlas Lithium Corporation has filed a Follow-on Equity Offering in the amount of $9.999981 million. Atlas Lithium Corporation has filed a Follow-on Equity Offering in the amount of $9.999981 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 335,908
Price\Range: $29.77
Discount Per Security: $0
Transaction Features: Registered Direct Offering Ankündigung • Nov 22
Atlas Lithium Corporation announced that it has received $20 million in funding On November 21, 2023, Atlas Lithium Corporation closed the transaction. The transaction included participation from a single investor. Ankündigung • Nov 09
Atlas Lithium Corporation announced that it expects to receive $20 million in funding Atlas Lithium Corporation announced that it has entered into a securities purchase agreement to issue a convertible promissory note at a price of $20,000,000 on November 7, 2023. The notes will have a coupon rate of 6.5% per annum. The notes will be convertible into common shares of the company at a conversion price $28.225 per share. The transaction will include participation from individual investor, Martin Rowley. The transaction is expected to close on November 24, 2023. Reported Earnings • Oct 22
Third quarter 2023 earnings released: US$1.09 loss per share (vs US$0.23 loss in 3Q 2022) Third quarter 2023 results: US$1.09 loss per share (further deteriorated from US$0.23 loss in 3Q 2022). Net loss: US$11.3m (loss widened US$10.3m from 3Q 2022). Revenue is forecast to grow 70% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Reported Earnings • Aug 15
First half 2023 earnings released: US$1.62 loss per share (vs US$0.32 loss in 1H 2022) First half 2023 results: US$1.62 loss per share (further deteriorated from US$0.32 loss in 1H 2022). Net loss: US$13.1m (loss widened US$11.7m from 1H 2022). Revenue is forecast to grow 70% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Ankündigung • Jul 22
Levi & Korsinsky Notifies Atlas Lithium Corporation Investors of A Class Action Lawsuit and Upcoming Deadline Levi & Korsinsky, LLP notifies investors in Atlas Lithium Corporation of a class action securities lawsuit. The lawsuit seeks to recover losses on behalf of Atlas Lithium investors who were adversely affected by alleged securities fraud between March 25, 2022 and May 3, 2023. Follow the link below to get more information and be contacted by a member of team: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; (ii) in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company's stock; (iii) the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium's business was revealed; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times. Ankündigung • Jun 20
Atlas Lithium Reports 103.4 Metres of Continuous Lithium-Bearing Spodumene Atlas Lithium announced continuous intercepts of 103.4 metres of lithium-bearing spodumene, which represents one of the widest intercepts in the Brazil's "Lithium Valley". In May 2023, the company also reported an intersection of 95.2 metres at 1.47% Li2O. Atlas Lithium disclosed that it has completed 28,025 metres of a 40,000-metre drill campaign, with 8,284 metres drilled in May 2023 and announced a target to release its maiden mineral resource in Third Quarter 2023. LRC holds a 3.0% GOR royalty on the Das Neves lithium project in Brazil. Ankündigung • Jun 07
Robbins LLP Files Class Action Against Atlas Lithium Corporation Robbins LLP informed investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Atlas Lithium Corporation common stock between May 25, 2022 and May 3, 2023. Atlas Lithium, formerly known as Brazil Minerals, is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earths, graphite, and titanium. According to the complaint, throughout the class period, defendants failed to disclose that: the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company’s stock; the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium’s business was revealed; and as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. Reported Earnings • Apr 02
Full year 2022 earnings released: US$1.00 loss per share (vs US$0.75 loss in FY 2021) Full year 2022 results: US$1.00 loss per share (further deteriorated from US$0.75 loss in FY 2021). Net loss: US$4.63m (loss widened 67% from FY 2021). Revenue is forecast to grow 122% p.a. on average during the next 2 years, compared to a 1.5% decline forecast for the Metals and Mining industry in Europe. 
