Business
Everlert, Inc. (OTC: EVLI), Operating as American Gold & Copper Inc., Announces Closing of Transformative Reverse Merger with South American Gold, Copper, and Silver Project
SOUTHLAKE, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Everlert, Inc. (OTC: EVLI) (“Everlert” or the “Company”), operating under the recently adopted legal name American Gold & Copper Inc., today announced the closing of its previously announced reverse merger transaction, effective May 12, 2026. The transaction was completed through the transfer of the Company’s super-voting preferred control securities to Earth Sciences Fund I LLC (“ESF”) and the simultaneous acquisition by the Company of 100% of
About this update from Everlert, Inc.
[{"type":"text","content":"SOUTHLAKE, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Everlert, Inc. (OTC: EVLI) (“Everlert” or the “Company”), operating under the recently adopted legal name American Gold & Copper Inc., today announced the closing of its previously announced reverse merger transaction, effective May 12, 2026. The transaction was completed through the transfer of the Company’s super-voting preferred control securities to Earth Sciences Fund I LLC (“ESF”) and the simultaneous acquisition by the Company of 100% of American Copper & Gold Inc. (“ACG”), together with its wholly owned subsidiaries South American Copper Ltd. (“SAC”) and Minerasac S.A. S.R.L., which hold the Ascensión de Guarayos gold, copper and silver project in Bolivia. The closing completes the principal steps contemplated by the Letter of Intent previously announced on April 29, 2026.","length":850,"tagName":"p"},{"type":"text","content":"About the Acquired Business","length":27,"tagName":"p"},{"type":"text","content":"Through ACG, the Company has acquired indirect ownership of the Ascensión de Guarayos gold, copper and silver project in eastern Bolivia, held through SAC (BVI) and its operating subsidiary Minerasac S.A. S.R.L. The project consists of four contiguous concessions covering approximately 42,175 hectares with mineralization across multiple volcanogenic massive sulfide (VMS) zones. According to information provided by SAC, the project includes more than 90 historical geological reports, approximately $30 million reportedly invested to date, test gold production in the C-Zone since 2014 using a gravity recovery circuit, and a phased development plan estimated by SAC at approximately US$10 million for initial development phases. Certain technical materials also describe an experienced technical and operational team with substantial in-country and international mining experience supporting project advancement. Resource estimates are preliminary, not NI 43-101 compliant, have not been independently verified, and should not be relied upon as current compliant mineral resources or reserves. Updated geological reporting and third-party valuation work are included within the Company’s planned post-closing roadmap.","length":1221,"tagName":"p"},{"type":"text","content":"Richard Hawkins, CEO, said: “The closing of this reverse merger is a transformative milestone for our sh...