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BMIX Brazil Minerals Inc (QB)

0.0118
0.00 (0.00%)
03 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Brazil Minerals Inc (QB) USOTC:BMIX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0118 0.0108 0.0118 0.00 01:00:00

Statement of Changes in Beneficial Ownership (4)

26/05/2023 10:21pm

Edgar (US Regulatory)


FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Fogassa Marc
2. Issuer Name and Ticker or Trading Symbol

Atlas Lithium Corp [ ATLX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

433 NORTH CAMDEN DRIVE,, SUITE 810
3. Date of Earliest Transaction (MM/DD/YYYY)

4/11/2023
(Street)

BEVERLY HILLS,, CA 90210
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 4/11/2023  C  2853413 A$0.00 (1)3071989 D  
Common Stock 5/26/2023  A  29678 (2)A$0.00 3101667 D  
Common Stock         105608 I See Footnote (3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series D Convertible Preferred Stock $0.00 (1)4/11/2023  C     214006   (1) (1)Common Stock 2853413 $0.00 0 D  
Series D Convertible Preferred Stock Options $0.10 2/1/2023  A   2500    2/1/2023 1/31/2033 Common Stock 33333.33 $0.00 2500 D  
Series D Convertible Preferred Stock Options $0.10 3/1/2023  A   2500    3/1/2023 2/28/2033 Common Stock 33333.33 $0.00 2500 D  
Series D Convertible Preferred Stock Options $0.10 4/1/2023  A   2500    4/1/2023 3/31/2033 Common Stock 33333.33 $0.00 2500 D  
Series D Convertible Preferred Stock Options $0.10 5/1/2023  A   2500    5/1/2023 4/30/2033 Common Stock 33333.33 $0.00 2500 D  

Explanation of Responses:
(1) Each share of Series D Convertible Preferred Stock is immediately convertible into Common Stock of the Issuer. The shares of Series D Convertible Preferred Stock were issued on September 15, 2021 in connection with the satisfaction and cancellation of convertible notes issued to the reporting person.
(2) Represents performance shares that were earned pursuant to the terms of a performance share award granted on May 26, 2023, upon ratification by the Board of Directors of the Issuer of the performance results for the period ending December 31, 2022.
(3) The shares are held indirectly through Lancaster Brazil Fund LP, Lancaster Gestora de Recursos Ltda and Sainte Valiere, LLC. Each of the entities are controlled by the reporting person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Fogassa Marc
433 NORTH CAMDEN DRIVE,
SUITE 810
BEVERLY HILLS,, CA 90210
XXChief Executive Officer

Signatures
/s/ Marc Fogassa5/26/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year Brazil Minerals (QB) Chart

1 Year Brazil Minerals (QB) Chart

1 Month Brazil Minerals (QB) Chart

1 Month Brazil Minerals (QB) Chart