UNDERWRITING AGREEMENT between ATLAS LITHIUM CORPORATION and EF HUTTON, division of Benchmark Investments, LLC, as Representative of the Several Underwriters ATLAS LITHIUM CORPORATION UNDERWRITING AGREEMENTUnderwriting Agreement • November 16th, 2022 • Atlas Lithium Corp • Mining & quarrying of nonmetallic minerals (no fuels) • New York
The undersigned, Atlas Lithium Corporation, a corporation formed under the laws of the State of Nevada (the “Company”), hereby confirms its agreement (this “Agreement”) with EF Hutton, division of Benchmark Investments, LLC (hereinafter referred to as “you” (including its correlatives) or the “Representative”), and with the other underwriters named on Schedule 1 hereto for which the Representative is acting as representative (the Representative and such other underwriters being collectively called the “Underwriters” or, individually, an “Underwriter”) as follows:
REPRESENTATIVE’S PURCHASE WARRANT ATLAS LITHIUM CORPORATIONSecurity Agreement • November 16th, 2022 • Atlas Lithium Corp • Mining & quarrying of nonmetallic minerals (no fuels) • New York
This REPRESENTATIVE’S PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [●] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date referred to above as the Initial Exercise Date (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [●]2 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Atlas Lithium Corporation, a Nevada corporation (the “Company”), up to [●] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
