Atlas Lithium Corporation announced a private placement and issued 526,317 restricted shares at an issue price of $19.00 per share for total gross proceeds of $10,000,023 on July 18, 2023. The shares are issued at $0.001 par value per share. The transaction involved participation from four investors including individual investor Martin Rowley.

The securities are being issued under Regulation S. No broker-dealer or private placement agent was involved in the transaction.