Everlert Completes Reverse Merger, Gains Control of Bolivia Gold-Copper Project

Everlert (USOTC:EVLI) has successfully closed a reverse merger with American Copper & Gold Inc., effective May 12, 2026. The transaction transforms Everlert into a mining-focused public entity, now operating under the legal name American Gold & Copper Inc. Through this deal, the company acquired 100% ownership of subsidiaries controlling the Ascensión de Guarayos gold, copper, and silver project in eastern Bolivia. This asset spans approximately 42,175 hectares across multiple volcanogenic massive sulfide zones, supported by historical geological reports and prior investments. Management has outlined a strategic roadmap to enhance corporate governance and market access, including filing a Form 10 with the SEC, completing PCAOB audits, and pursuing an uplisting to a senior U.S. exchange. Additionally, the company plans to raise up to $10 million in equity financing to support development and listing initiatives. While existing resource estimates are preliminary and not yet NI 43-101 compliant, the merger marks a significant shift from a legacy OTC shell to a development-stage mining vehicle. Investors are now focusing on upcoming geological validation and the company's ability to transition toward broader capital market access through regulatory compliance and potential dual listings.