Everlert, Inc. (OTC: $EVLI)

Hey Folks,

While most investors have been laser-focused on AI software stocks and the latest Bitcoin headlines, one of the most powerful macro forces in commodities has been quietly rewriting the rules for every critical metal on the planet — and a tiny OTC ticker is sitting right at the intersection of all of it.

The company is Everlert, Inc. (OTC: $EVLI) — now operating under its new legal name American Gold & Copper Inc. — which on May 12, 2026 officially closed its reverse merger, bringing a large-scale gold, copper, and silver project in one of South America's most mineralized regions into a U.S.-listed public company for the first time.

The ticker is still changing. The merger is done. And most of the market hasn't looked up from their AI stocks long enough to notice.

As of today, May 13, 2026, Everlert confirmed the official closing of the reverse merger transaction, effective May 12, 2026.

Here's what that means in plain terms:

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 of 100% of American Copper & Gold Inc. ("ACG"), together with its wholly owned subsidiaries South American Copper Ltd. and Minerasac S.A. S.R.L. — which hold the Ascensión de Guarayos gold, copper, and silver project in Bolivia.

This is no longer a proposed deal. It's done.

CEO Richard Hawkins stated: "The closing of this reverse merger is a transformative milestone for our shareholders. With voting control vested in Earth Sciences Fund I LLC and the share exchange now complete, we have completed the principal corporate steps required to position American Gold & Copper Inc. as a focused public-market platform for development of this project."

Brent Nelson, President of South American Copper, added that the Bolivian project represents his most significant personal capital commitment and more than a decade of development effort, and that the closing positions those assets within a U.S. publicly traded platform with a clear strategic roadmap.

Management has outlined a detailed strategic roadmap following the close. Key items include:

That is an aggressive roadmap for a micro-cap. Whether it gets executed is the real question — but the corporate infrastructure is now in place to pursue it.

Here's what's happening in copper right now, and why it matters:

A new S&P Global study finds that the accelerating pace of electrification is projected to swell copper demand to 42 million metric tons by 2040 — a 50% increase from current levels — while existing supply is poised to decrease as the mining sector faces challenges across the value chain. S&P Global described the looming supply gap as a "systemic risk for global industries, technological advancement and economic growth."

A single large AI data center facility can require up to 50,000 metric tons of copper — three to four times more than a conventional data center. J.P. Morgan estimates that copper demand from data centers alone could reach around 475,000 metric tons annually as hyperscaler buildouts continue to accelerate.

Copper hit an all-time high of $14,527.50 per metric ton in early 2026. The projected global deficit for 2026 sits between 150,000 and 330,000 metric tons, creating a market environment that Bank of America analysts have compared to the 1970s oil crisis in terms of its potential for economic disruption.

And the supply side has no fast fix. In developed regions, opening new mines can take 20 to 30 years. Even in copper-rich countries like Chile, where billions in new projects are planned, most will not boost output until 2028 or 2029.

The industry even has a name for this era — "Red Gold." And the race to secure deposits is just getting started.

With the merger closed, here's what U.S. investors are now getting exposure to under the EVLI ticker:

✔️ The Ascensión de Guarayos project in eastern Bolivia, held through SAC and operating subsidiary Minerasac S.A. S.R.L., covering approximately 42,175 hectares with gold, copper, and silver mineralization across multiple volcanogenic massive sulfide (VMS) zones

✔️ More than 90 historical geological reports and approximately $30 million reportedly invested in the project to date

✔️ Active test gold production in the C-Zone since 2014 using a gravity recovery circuit

✔️ A phased development plan estimated at approximately US$10 million for initial development phases

✔️ A U.S.-listed public structure with an active post-closing roadmap targeting full SEC reporting, exchange uplisting, and international dual listing

Important disclosure: Resource estimates referenced are preliminary, not NI 43-101 or S-K 1300 compliant, and have not been independently verified. They should not be relied upon as current compliant mineral resources or reserves.

1. The copper deficit is structural, not cyclical. Copper is transitioning from a cyclical industrial metal to a strategic resource driven by electrification and AI. Supply deficits are projected through the late 2020s due to mine disruptions and a limited new-project pipeline, while demand expands via data centers, EVs, and renewables. New greenfield mines take decades to permit and build — that clock started ticking years ago, and it hasn't produced nearly enough supply.

2. Gold is holding historic highs alongside copper. As of May 2026, gold is trading above $4,700 per troy ounce — a level that makes any project with meaningful gold mineralization fundamentally more valuable than it would have been even 18 months ago. The Bolivian project carries gold, copper, and silver — a triple exposure to the metals benefiting most from the current macro environment.

3. The public market access gap is enormous. For U.S. investors who want exposure to development-stage South American copper-gold assets, the listed options are few and the micro-cap space is nearly empty. That combination — real assets, public structure, closed merger, micro-cap entry point — is what creates the asymmetric setup.

EVLI currently trades on the OTC market with a market cap in the single-digit millions. The reverse merger has now closed, bringing a 42,175-hectare multi-mineral project with historical production activity, existing permits, and a phased expansion plan into a structure that most retail investors have never heard of and most institutional desks can't yet touch.

The setup is this: copper and gold are two of the most in-demand metals on the planet right now, supply is structurally constrained for years, and a development-stage project with significant mineralization across both has just landed inside a U.S.-listed public company for the first time.

The ticker is still EVLI. The name is now American Gold & Copper. The merger is closed. And most of the market hasn't looked up from their AI stocks long enough to notice.

Even with the merger closed, this remains a high-risk OTC situation. Key cautions:

Always conduct your own independent research and consult with a licensed financial adviser before making any investment decision.

Anyways... that's all for now.

Until Next Time, — The Watchlist Ventures Team

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DISCLAIMER: Watchlist Ventures is an independent financial newsletter published for informational purposes only. We are not a registered investment adviser, broker-dealer, or licensed financial professional. Nothing in this newsletter constitutes financial advice or a recommendation to buy or sell any security. Small-cap and micro-cap stocks carry significantly higher risk than large-cap securities, including extreme volatility, low liquidity, and potential for total loss. Past performance is not indicative of future results. Resource estimates referenced have not been independently verified and are not NI 43-101 compliant — they should not be relied upon as current compliant mineral resources or reserves. Always conduct your own independent research and consult with a licensed financial adviser before making any investment decision. Full disclaimer at watchlistventures.com/disclaimer.