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RITE does not currently pay a dividend.
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As of April 7, 2021, MineralRite Corporation was acquired by Southern Cars & Trucks, Inc. MineralRite Corporation, a development stage company, operates in the mineral and mining industry. It focuses on the manufacture, sale, and lease of mining and mineral processing equipment; purchase and development of minerals and mineral backed assets; management of mineral offtake activities; and purchase and sale of precious metals. The company was formerly known as Royal Quantum Group, Inc. and changed its name to MineralRite Corporation in October 2012. MineralRite Corporation was incorporated in 1996 and is based in Dallas, Texas.
Dallas, Texas--(Newsfile Corp. - June 25, 2026) - MineralRite Corporation (OTCID: RITE) ("MineralRite" or the "Company") today announced that, following management's review of the Phase 1 Evaluation and Historic Review prepared by ALS Geo Resources LLC relating to the Company's Skull Valley tailings project located in Yavapai County, Arizona, the Company intends to advance the project into a Phase 2 Drilling & Sampling Program designed to support a Regulation S-K Subpart 1300 compliant Mineral Resource Estimate, subject to the availability of adequate financing and other conditions. The contemplated Phase 2 program is expected to include additional independent sampling, accredited laboratory analysis, metallurgical evaluation, engineering review, technical data validation, and other work relating to the Company's ongoing evaluation of the project, with the objective of determining whether the project may ultimately support the preparation of a Regulation S-K Subpart 1300 compliant report, including Mineral Resource Estimates.
Dallas, Texas--(Newsfile Corp. - May 27, 2026) - MineralRite Corporation (OTCID: RITE) ("MineralRite" or the "Company") today announced that it has filed amendments to certain previously filed periodic reports with the U.S. Securities and Exchange Commission ("SEC"). The amendments relate primarily to revisions in the accounting treatment, valuation methodology, allocation, and financial statement presentation associated with the Company's previously disclosed acquisition of Peeples, Inc. and California Precious Metals LLC completed on December 31, 2024.
Dallas, Texas--(Newsfile Corp. - May 7, 2026) - MineralRite Corporation (OTCID: RITE) ("MineralRite" or the "Company") today announced that it has been informed of a privately negotiated transaction in which Abstract Concepts 1618 LLC ("Abstract") has agreed to acquire from NMC, Inc., 6.9 million shares of Series NMC $25 Convertible Preferred Stock and 6.9 million associated warrants, together with all rights, preferences, and obligations associated therewith, including sinking fund provisions and conversion rights. The Company is not a party to this transaction, which represents a private transaction between existing securityholders, and no new securities are being issued by MineralRite in connection with this transaction.
Dallas, Texas--(Newsfile Corp. - April 21, 2026) - MineralRite Corporation (OTCID: RITE) ("RITE" or the "Company"), a Texas-based resource development company focused on mineral recovery from previously processed materials, today provided an update summarizing the material actions and developments that occurred during the first quarter of 2026. Arizona Lease Renewal and Advancement of the Skull Valley Project During the quarter, the Company successfully completed the renewal of its mineral lease with the Arizona State Land Department covering the Skull Valley project area.
Dallas, Texas--(Newsfile Corp. - March 9, 2026) - MineralRite Corporation (OTCID: RITE) ("RITE" or the "Company"), a Texas-based resource development company focused on mineral recovery and strategic asset monetization, today provided an update on several developments involving the Company's regulatory filings, capital structure, and the ongoing technical evaluation of its mineral assets. Completion of Audit and Upcoming Form 10-K Filing The Company has completed the independent audit of its financial statements for the fiscal year ended December 31, 2025.