- Upgraded to OTCID December 31, 2025 - all filings up to date.
- Announced signing LOI for proposed reverse merger with South American Copper Ltd [source: PR April 29, 2026].
- Announced completion of name change to American Gold & Copper Inc [source: PR May 7, 2026].
- Announced preparing documentation to submit to FINRA for name change and ticker change - requesting ticker symbol AGCI, AGCX or AMGC [source: PR May 7, 2026].
- Announced closing of reverse merger with South American Gold, Copper and Silver Project [source: PR May 13, 2026].
- 2026 high of .0666 achieved at close on May 22, 2026.
Reverse Merger with South American Copper Ltd [sources: PRs April 29 and May 13, 2026]
- Positions a development-stage Bolivian gold, copper and silver project within a US public company platform.
- $EVLI has acquired 100% of South American Copper’s mining business and continues as the surviving public reporting company.
- South American Copper - through its Bolivian operating subsidiary Minerasac S.A. S.R.L. - controls a large-scale mineral project in the Ascensión de Guarayos region of eastern Bolivia, including gold, copper and silver mineralization across multiple volcanogenic massive sulfide zones, together with related surface rights, infrastructure and operating permits.
- Has combined South American Copper’s development-stage mining assets with $EVLI's public company platform to support future development, expanded exploration and access to US capital markets.
- Project includes 4 contiguous concessions covering approximately 42,175 hectares, substantial historical drilling and assay data, active test production history in the C-Zone and a phased development plan directed at expanded gold and copper production.
- Test mining has been conducted in the C-Zone since 2014 using a gravity recovery process, which management believes distinguishes the project from earlier-stage exploration-only opportunities.
- Management has established a 11-Point Strategic Roadmap to support development of the combined business, transition to full SEC reporting status, broader market access, and pursuit of a senior U.S. exchange listing. So we can expect regular PRs / updates throughout 2026 as the plan progresses.
- See PRs for full details.
Major Update [source: PR May 20, 2026]
- Progress / Outlook Video:
;
- Highlighted the advanced stage of the asset and its near-term development potential.
- Key infrastructure and permitting conditions are largely in place, including: -- Established road access and logistics infrastructure. -- Existing relationships with local communities. -- Environmental permissions obtained. -- Surface rights ownership covering operations.
- Initial mining plans are expected to support a 6–7 year production horizon.
- Additional drilling has the potential to significantly extend mine life, with management anticipating a multi-decade asset.
- Strategic outcomes under consideration include full-scale development or potential partnership or exit with a major mining company.
- “It’s one of the few shovel-ready copper projects on the planet… ready to go. It just needs direction.”
- The project has been under continuous development since 2007 and is supported by extensive historical data, including more than 50,000 pages of technical documentation and over 90 reports.
- The Company is currently advancing plans to update its NI 43-101 technical report and initiate a targeted drilling program aimed at expanding resource potential and supporting reserve validation.
- Key near-term milestones include: -- Initiation of a 40-hole drill program designed to expand and confirm mineralized lenses -- Update of NI 43-101 technical reporting to align with current standards -- Application for a 30-year mining license in Bolivia -- Continued operational updates as a reporting company
- See PR for full details.
South American Copper January 2026 Corporate Business Summary
Note 1: It is only the Held At DTC Shares count that is relevant to immediate trading provided this was updated at the same time as the Outstanding Shares count
Note 2: Extremely thin to the upside with only 102.5M shares Held At DTC.
============================================================== Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $EVLI in my portfolio throughout 2026 and into future years for the long-term, trading some on surges from the bottom up too and reloading on any dips.
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