---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-020199"
form_type: "8-K/A"
ticker: "ATLX"
cik: "0001540684"
company_name: "Atlas Lithium Corp"
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:12:12.517233+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Brazil Minerals completes exchange agreement, receives $400K cash and issues new warrants

## Summary
- Warberg IX and Warberg X exercised warrants for cash: 20M, 26.1M, and 8.7M shares respectively, raising total ~400K.
- New warrants issued: 20M shares to Warberg IX and 34.8M shares to Warberg X, exercisable at $0.012 for 3 years.
- Company says transaction eliminated lower-priced warrants and provided additional cash infusion.

## SEC filing metadata
- accession: 0001493152-22-020199
- form_type: 8-K/A
- ticker: ATLX
- cik: 0001540684
- company_name: Atlas Lithium Corp
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1540684/000149315222020199/0001493152-22-020199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1540684/000149315222020199/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-020199
- JSON: https://secwatch.observer/filing/0001493152-22-020199.json
- Plain text: https://secwatch.observer/filing/0001493152-22-020199.txt

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