Stockholders Overwhelmingly Re-Elect DirectorsBoca Raton, Florida--(Newsfile Corp. - June 1, 2026) - Atlas Lithium Corporation (NASDAQ:ATLX) (&#34;Atlas Lithium&#34; or the &#34;Company&#34;) today announced the results of its 2026

<p>Stockholders Overwhelmingly Re-Elect Directors</p><p>Boca Raton, Florida--(Newsfile Corp. - June 1, 2026) - Atlas Lithium Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ATLX">ATLX</a>) ("Atlas Lithium" or the "Company") today announced the results of its 2026 Annual Meeting of Stockholders (the "Annual Meeting"), held on May 28, 2026. Approximately 81.30% of the Company's outstanding shares entitled to vote were present or represented by proxy.</p><p>Based on the certified results reported in the Company's Current Report on Form 8-K filed today with the U.S. Securities and Exchange Commission, stockholders voted to re-elect each of the Company's directors. The percentage of votes cast "for" each director was as follows:</p><ul style="list-style-type: disc;"><li>Marc Fogassa, Chairman and Chief Executive Officer: 99.51%</li><li>Ambassador Roger Noriega (independent director): 99.78%</li><li>Cassiopeia Olson (independent director): 98.99%</li><li>Stephen Petersen, CFA (independent director): 99.50%</li><li>Admiral Flavio Rocha (independent director): 99.76%</li></ul><p>"We are grateful for the strong support from our stockholders," said Marc Fogassa, Chairman and Chief Executive Officer of Atlas Lithium. "This endorsement comes at an important time as we advance our lithium project in Brazil toward production, continue building partnerships with world-class counterparties, and position Atlas Lithium to contribute meaningfully to critical-minerals supply chains. We appreciate our stockholders' confidence and look forward to executing on the milestones ahead."</p><p>Additional information regarding the matters acted upon at the Annual Meeting is available in the Company's Form 8-K filed today.</p><p><b>About Atlas Lithium Corporation  </b></p><p><a href="https://api.newsfilecorp.com/redirect/Q23bJS7X2a">Atlas Lithium Corporation </a>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ATLX">ATLX</a>) is a lithium exploration and development company focused on advancing its Neves Project toward production. The Neves Project's Definitive Feasibility Study demonstrates strong economics with an anticipated 145% IRR, $539 million NPV, and an 11-month payback period. The Neves Project has received operational permitting, and its dense media separation plant has been manufactured and transported to Brazil. With approximately 557 square kilometers of lithium mineral rights, we believe that Atlas Lithium, together with its subsidiaries, owns the largest lithium exploration footprint in Brazil among publicly listed companies. Additionally, Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ATCX">ATCX</a>).</p><p><b>Safe Harbor Statement</b></p><p>This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ materially from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, rates of return, value, payback period, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: Atlas Lithium's ability to successfully assemble and begin operations of its modular plant; reaching estimated production, development plans and cost estimates for the Neves Lithium Project as reported in the Definitive Feasibility Study, included as Exhibit 96.1 to the Company's Current Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 4, 2025; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, and between estimated and actual production; results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.</p><p>Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K filed with the SEC on March 4, 2026. Please also refer to the Company's other filings with the SEC, all of which are available at <a href="https://api.newsfilecorp.com/redirect/mjPmkU4eAK">www.sec.gov</a>. In addition, any forward-looking statements represent the Company's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements unless as otherwise required by applicable law.</p><div id="contactInfo"><p><b>Investor Relations</b></p><p>Gary Guyton<br />Vice President, Investor Relations<br />+1 (833) 661-7900           <br /><a href="mailto:gary.guyton@atlas-lithium.com">gary.guyton@atlas-lithium.com</a><br /><a href="https://api.newsfilecorp.com/redirect/kXoGQtV10p">https://www.atlas-lithium.com/</a><br /><a href="https://api.newsfilecorp.com/redirect/B5ybOUp0G5">@Atlas_Lithium</a></p></div><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/6706/299576_31a56229c427183d_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/5Wy3zh5Ayr">https://www.newsfilecorp.com/release/299576</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/299576/197" alt="" /></p>

ATCX

Atlas Lithium Corporation Announces Results of 2026 Annual Meeting of Stockholders

Atlas Lithium re-elects directors as Neves advances; ATCX stake highlighted

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Stockholders Overwhelmingly Re-Elect DirectorsBoca Raton, Florida--(Newsfile Corp. - June 1, 2026) - Atlas Lithium Corporation (NASDAQ:ATLX) (&amp;#34;Atlas Lithium&amp;#34; or the &amp;#34;Company&amp;#34;) today announced the results of its 2026</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Atlas Lithium reported overwhelming stockholder support to re-elect all directors at its May 28, 2026 annual meeting (81.3% turnout). The Neves Project shows strong economics (145% IRR, $539 million NPV, 11-month payback) and Atlas Lithium notes a about 20% ownership stake in Atlas Critical Minerals (ATCX), implying potential near-term upside for ATCX as production advances.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Atlas Lithium re-elected all directors; 81.3% turnout.</li><li>Atlas Lithium holds ~20% of ATCX.</li><li>Neves Project: 145% IRR, $539M NPV, 11-month payback.</li><li>CEO cites milestones toward Brazil production.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Atlas Lithium Corporation (ATLX)</strong>: Governance outcomes and Neves project milestones could indirectly affect ATCX via the 20% stake.</li><li><strong>Atlas Critical Minerals Corporation (ATCX)</strong>: ATCX is Atlas Lithium&#039;s 20% stake; progress at ATLX could unlock ATCX value.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article centers on governance actions and ownership structure, which matters for ATCX due to its stake in Atlas Lithium. The underlying catalyst is Atlas Lithium&#039;s production progress, potentially unlocking value for ATCX.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>ATCX exposure grows as Atlas Lithium&#039;s Neves project nears production milestones.</li><li>Stockholder governance support for Atlas Lithium reduces near-term ATCX uncertainty.</li><li>Any announced alliance or financing tied to Neves could lift ATCX valuation.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Annual Meeting date: May 28, 2026; 81.30% of outstanding shares were present or represented.</li><li>Votes for directors: Fogassa 99.51%; Noriega 99.78%; Olson 98.99%; Petersen 99.50%; Rocha 99.76%.</li><li>Neves Project economics: 145% IRR, $539 million NPV, 11-month payback.</li><li>Neves Project: permits obtained; dense media separation plant manufactured and transported to Brazil.</li><li>Atlas Lithium owns approximately 20% of Atlas Critical Minerals (ATCX).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term on ATCX if Atlas Lithium&#039;s Neves milestones progress toward production, likely unlocking stakeholder value within 12 months.</p>
  </section>
</section>


<p>Stockholders Overwhelmingly Re-Elect Directors</p><p>Boca Raton, Florida--(Newsfile Corp. - June 1, 2026) - Atlas Lithium Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ATLX">ATLX</a>) ("Atlas Lithium" or the "Company") today announced the results of its 2026 Annual Meeting of Stockholders (the "Annual Meeting"), held on May 28, 2026. Approximately 81.30% of the Company's outstanding shares entitled to vote were present or represented by proxy.</p><p>Based on the certified results reported in the Company's Current Report on Form 8-K filed today with the U.S. Securities and Exchange Commission, stockholders voted to re-elect each of the Company's directors. The percentage of votes cast "for" each director was as follows:</p><ul style="list-style-type: disc;"><li>Marc Fogassa, Chairman and Chief Executive Officer: 99.51%</li><li>Ambassador Roger Noriega (independent director): 99.78%</li><li>Cassiopeia Olson (independent director): 98.99%</li><li>Stephen Petersen, CFA (independent director): 99.50%</li><li>Admiral Flavio Rocha (independent director): 99.76%</li></ul><p>"We are grateful for the strong support from our stockholders," said Marc Fogassa, Chairman and Chief Executive Officer of Atlas Lithium. "This endorsement comes at an important time as we advance our lithium project in Brazil toward production, continue building partnerships with world-class counterparties, and position Atlas Lithium to contribute meaningfully to critical-minerals supply chains. We appreciate our stockholders' confidence and look forward to executing on the milestones ahead."</p><p>Additional information regarding the matters acted upon at the Annual Meeting is available in the Company's Form 8-K filed today.</p><p><b>About Atlas Lithium Corporation  </b></p><p><a href="https://api.newsfilecorp.com/redirect/Q23bJS7X2a">Atlas Lithium Corporation </a>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ATLX">ATLX</a>) is a lithium exploration and development company focused on advancing its Neves Project toward production. The Neves Project's Definitive Feasibility Study demonstrates strong economics with an anticipated 145% IRR, $539 million NPV, and an 11-month payback period. The Neves Project has received operational permitting, and its dense media separation plant has been manufactured and transported to Brazil. With approximately 557 square kilometers of lithium mineral rights, we believe that Atlas Lithium, together with its subsidiaries, owns the largest lithium exploration footprint in Brazil among publicly listed companies. Additionally, Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ATCX">ATCX</a>).</p><p><b>Safe Harbor Statement</b></p><p>This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ materially from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, rates of return, value, payback period, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: Atlas Lithium's ability to successfully assemble and begin operations of its modular plant; reaching estimated production, development plans and cost estimates for the Neves Lithium Project as reported in the Definitive Feasibility Study, included as Exhibit 96.1 to the Company's Current Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 4, 2025; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, and between estimated and actual production; results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.</p><p>Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K filed with the SEC on March 4, 2026. Please also refer to the Company's other filings with the SEC, all of which are available at <a href="https://api.newsfilecorp.com/redirect/mjPmkU4eAK">www.sec.gov</a>. In addition, any forward-looking statements represent the Company's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements unless as otherwise required by applicable law.</p><div id="contactInfo"><p><b>Investor Relations</b></p><p>Gary Guyton<br />Vice President, Investor Relations<br />+1 (833) 661-7900           <br /><a href="mailto:gary.guyton@atlas-lithium.com">gary.guyton@atlas-lithium.com</a><br /><a href="https://api.newsfilecorp.com/redirect/kXoGQtV10p">https://www.atlas-lithium.com/</a><br /><a href="https://api.newsfilecorp.com/redirect/B5ybOUp0G5">@Atlas_Lithium</a></p></div><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/6706/299576_31a56229c427183d_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/5Wy3zh5Ayr">https://www.newsfilecorp.com/release/299576</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/299576/197" alt="" /></p>

Atlas Lithium reported overwhelming stockholder support to re-elect all directors at its May 28, 2026 annual meeting (81.3% turnout). The Neves Project shows strong economics (145% IRR, $539 million NPV, 11-month payback) and Atlas Lithium notes a about 20% ownership stake in Atlas Critical Minerals (ATCX), implying potential near-term upside for ATCX as production advances.

Atlas Lithium Corporation Announces Results of 2026 Annual Meeting of Stockholders

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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