Brazil Minerals acquires lithium mineral rights adjacent to Neves, expanding claim 39.5x to 2,684 hectares

Atlas Lithium Corp

Acquired four lithium mineral rights totaling 3,811 hectares from six unrelated sellers; Neves area expands from 67.5 to 2,683.9 hectares.
Consideration includes $250,000 cash and $1M in common stock paid at closing; additional $750,000 cash due upon title transfer.
Contingent payments: $1M cash + $500K shares if >5M tons spodumene at 1.3% Li2O; further payments for higher tonnage thresholds.
Shares issued in unregistered transaction under Section 4(a)(2) of the Securities Act.

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