---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-006983"
form_type: "8-K"
ticker: "ATLX"
cik: "0001540684"
company_name: "Atlas Lithium Corp"
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:21:19.168659+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Brazil Minerals terminates CFO Jason Baybutt, appoints Gustavo Pereira de Aguiar as new CFO

## Summary
- Terminated consulting agreement with Jason Baybutt, who served as CFO since Dec 29, 2021.
- Appointed Gustavo Pereira de Aguiar as CFO, Principal Accounting Officer, and Treasurer.
- Aguiar previously Controller at Jaguar Mining (2016-2022) and auditor at Deloitte.
- Compensation: $9,500/month salary, $25,000 signing bonus, 63.8M shares vesting over 4 years, plus performance bonus up to $45,000/year.

## SEC filing metadata
- accession: 0001493152-22-006983
- form_type: 8-K
- ticker: ATLX
- cik: 0001540684
- company_name: Atlas Lithium Corp
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1540684/000149315222006983/0001493152-22-006983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1540684/000149315222006983/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-006983
- JSON: https://secwatch.observer/filing/0001493152-22-006983.json
- Plain text: https://secwatch.observer/filing/0001493152-22-006983.txt

## Key facts
- Executive change
  Jason Baybutt was terminated as Chief Financial Officer at Atlas Lithium Corp.
  - Action: terminated
  - Role: Chief Financial Officer
  source text: On March 16, 2022, Brazil Minerals, Inc. (the “Company”) terminated the Consulting Services Agreement previously entered into with Jason Baybutt, Chief Operating Officer of Pubco Reporting Solutions, who, prior to the termination of the Consulting Services Agreement, served as the Company’s Chief Financial Officer, Principal Accounting Officer, and Treasurer since December 29, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1540684/000149315222006983/0001493152-22-006983-index.htm
- Executive change
  Gustavo Pereira de Aguiar was appointed as Chief Financial Officer at Atlas Lithium Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 16, 2022, the Company appointed Gustavo Pereira de Aguiar, age 39, as the Company’s Chief Financial Officer, Principal Accounting Officer, and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1540684/000149315222006983/0001493152-22-006983-index.htm

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