---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-029109"
form_type: "8-K"
ticker: "ATLX"
cik: "0001540684"
company_name: "Atlas Lithium Corp"
filed_at: "2021-11-17T23:59:59+00:00"
generated_at: "2026-06-28T07:21:58.102725+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brazil Minerals eliminates $129K note by issuing 19M shares and warrants; now has zero U.S. debt

## Summary
- Extinguished promissory note originally $129,000 plus accrued interest totaling $133,241.10.
- Issued 19,034,442 restricted common shares and a warrant for 5M shares at $0.01/share, expiring June 15, 2022.
- Transaction leaves the Company with zero U.S. debt on its books.
- Shares and warrants issued in reliance on Section 4(a)(2) exemption from registration.

## SEC filing metadata
- accession: 0001493152-21-029109
- form_type: 8-K
- ticker: ATLX
- cik: 0001540684
- company_name: Atlas Lithium Corp
- filed_at: 2021-11-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1540684/000149315221029109/0001493152-21-029109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1540684/000149315221029109/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-029109
- JSON: https://secwatch.observer/filing/0001493152-21-029109.json
- Plain text: https://secwatch.observer/filing/0001493152-21-029109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.