Atlas Critical Minerals Corporation (NASDAQ: ATCX) shares popped Tuesday. The company, an exploration and development company advancing projects in rare earths, nuclear-grade graphite, and uranium, essential for advanced technology applications, energy transformation, and defense uses, announced that its common shares have commenced trading on the NASDAQ Capital Market under the ticker symbol "ATCX."
CEO Marc Fogassa commented: "Our NASDAQ listing represents a transformational milestone, allowing enhanced visibility at a global scale and expanding access to institutional investors. Our diversified portfolio across multiple critical minerals is virtually unique among publicly traded companies and reflects the dedication of our technical and business development teams.
“We are humbled by the investor interest in our recent offering, which enabled us to upsize the financing, and look forward to progress on multiple fronts in the months ahead."
According to this morning’s news release, “Atlas Critical Minerals controls more than 218,000 hectares of mineral rights representing one of the largest critical minerals portfolios among publicly traded companies.
“The Company's diversified asset base spans rare earths, nuclear-grade graphite, uranium, and an expanding revenue-generating iron ore operation. The Company's mineral properties are in Brazil - a country known to have the world's second-largest deposits of rare earths after China.”
ATCX shares hiked $1.85, or 17.6%, to $12.35.
