Everlert (EVLI) Completes Nevada Name Change to American Gold & Copper Inc.; Preparing Corresponding FINRA Symbol Change Filing in Anticipation of Closing of Previously Announced Reverse Merger

Name Change Aligns Public Company Identity with Anticipated Post-Closing Mining Focus Following Reverse Merger with South American Copper, Ltd.

LOS ANGELES, May 07, 2026 (GLOBE NEWSWIRE) — Everlert, Inc. (OTC: EVLI) (“Everlert” or the “Company”) has completed the filing of an amendment to its articles of incorporation with the Nevada Secretary of State changing the Company’s legal name to American Gold & Copper Inc. The name change has been processed and accepted by the Nevada Secretary of State and reflects the Company’s anticipated post-closing business focus following completion of its previously announced reverse merger transaction with South American Copper, Ltd.

In connection with the name change, the Company is preparing the corresponding corporate action filing for submission to the Financial Industry Regulatory Authority (“FINRA”) to update the Company’s name and trading symbol on the OTC Markets. The Company intends to request the trading symbols AGCI, AGCX, and AMGC, in order of preference, and expects FINRA to assign one of the requested symbols upon completion of its review once the filing is submitted. The Company’s common stock will continue to trade under its current symbol “EVLI” unless and until the FINRA corporate action becomes effective.

As previously disclosed on April 29, 2026, the Company executed a non-binding Letter of Intent with South American Copper, Ltd., pursuant to which Everlert would acquire 100% of South American Copper’s mining business and continue as the surviving public reporting company. South American Copper, through its Bolivian operating subsidiary Minerasac S.R.L., controls a large-scale gold, copper, and silver mineral project in the Ascensión de Guarayos region of eastern Bolivia, together with related surface rights, infrastructure, operating permits, and development-stage production assets. Materials provided by South American Copper also describe substantial historical drilling, geological, assay, and technical work completed across the project area. The Company expects to close the reverse merger transaction within the coming week, subject to execution of definitive agreements and satisfaction of customary closing conditions.

In anticipation of the proposed closing, the Company has commenced discussions regarding engagement terms with prospective independent auditors, independent valuation firms, and director candidates. Finalization of these engagements is expected to support the post-closing Company’s audit, financial reporting, valuation, governance, and public-company compliance requirements as it transitions to its new identity as American Gold & Copper Inc.

“These steps mark meaningful progress as we move toward closing the reverse merger and transitioning the Company to American Gold & Copper Inc.,” said Richard Hawkins, Chief Executive Officer. “With the Nevada name change complete, the FINRA filing in preparation, and definitive merger documents expected to be executed in short order, we are continuing to assemble the corporate, governance, and professional infrastructure necessary to support the post-closing business and our future shareholders.”