Evolving Gold Corp is a Canada-based company, which is in the business of acquiring, exploring and evaluating mineral properties. It is in the exploration stage and has interests in mineral properties located in Canada. The Company is organized into business units based on mineral properties and has one reportable operating segment, being that of acquisition and exploration and evaluation activities. The Company’s properties are: the Lithium Lakes Property and the Toro Property in Quebec, Canada. The Lithium Lakes Property is located approximately 10 kilometers north of the Route du Nord and between eight and 30 kilometers from Nemaska Lithium’s Whabouchi Project. The Company’s exploration goal is to discover economic quantities of lithium mineralization, hosted in pegmatite. The Toro Property is located in the vicinity of the Lithium Lakes Property. The Company’s exploration goal is to access a number of geochemical anomalies in till samples collected down-ice from magnetic anomalies.