---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-020142"
form_type: "8-K"
ticker: "ATLX"
cik: "0001540684"
company_name: "Atlas Lithium Corp"
filed_at: "2022-07-22T23:59:59+00:00"
generated_at: "2026-06-24T09:33:36.929635+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brazil Minerals issues 54.8M shares to Warberg entities, raises $400K, issues new warrants

## Summary
- Warberg IX exercises 20M shares for $200K; Warberg X exercises two warrants totaling 34.8M shares for $200K.
- Total gross proceeds $400,075 from cash exercises; 54,795,652 new shares issued.
- Company issues new three-year warrants: Warberg IX 20M shares, Warberg X 34.8M shares, at $0.012 per share.
- Exchange eliminates lower-priced warrants and provides immediate cash infusion.

## SEC filing metadata
- accession: 0001493152-22-020142
- form_type: 8-K
- ticker: ATLX
- cik: 0001540684
- company_name: Atlas Lithium Corp
- filed_at: 2022-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1540684/000149315222020142/0001493152-22-020142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1540684/000149315222020142/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-020142
- JSON: https://secwatch.observer/filing/0001493152-22-020142.json
- Plain text: https://secwatch.observer/filing/0001493152-22-020142.txt

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