Mineralrite
Dallas, Texas, United States · Mineral, Mining, Natural Resources
MineralRite Corporation is focused on mineral processing, certification, streaming, and sales of base and precious metals. The Company is engaged in identifying and optimizing opportunities in the small and junior sized mining industry.
Key facts
- Headquarters
- Dallas, Texas, United States
- Employees
- 2
- Industries
- Mineral, Mining, Natural Resources
- Status
- Public (RITE)
- Website
- mineral-rite.com
- Company page
Recent activity at Mineralrite
- : SEC 8-K (1.01): On September 30, 2026, MineralRite Corporation entered into a significant Repurchase Agreement with Abstract Concepts 1618 LLC to repurchase 3,919,388 shares of Series NMC $25 Convertible Preferred Stock for a total of $106,724,942. The company issued a non-interest-bearing promissory note as consideration for this transaction. The agreement includes a sinking fund with a cap of $269,049,058.76 and establishes a timeline for repurchases. Additionally, the company executed a Closing Agreement alongside the repurchase, involving various royalty interests and the exercise of preferred stock warrants by Abstract and Commodity Capital Advisors LLC, which were also satisfied through the promissory note. This transaction marks a strategic shift in the company's capital management and stock structure.
- : SEC 8-K (4.02): On May 25, 2026, MineralRite Corporation concluded after discussions with the SEC that the accounting treatment for its acquisition of Peeples Inc. should be revised from a business combination to an asset acquisition framework under ASC 805-50. This change resulted in materially different accounting and valuation conclusions, leading management to determine that previously issued financial statements for the fiscal year ended December 31, 2025, and the quarter ending March 31, 2026, should no longer be relied upon. Amended reports will be filed to reflect the revised treatment, with no implications of fraud or misconduct involved. The strategic impact includes enhanced accuracy in financial reporting to ensure compliance with SEC expectations and improved stakeholder trust.
- : SEC 8-K (8.01): The Company, Mineralrite Corporation, is reporting a private transaction involving certain of its outstanding securities under Item 8.01. This disclosure includes a reference to Exhibit 99.1, a press release dated May 7, 2026, which details the transaction. The transaction may imply strategic moves concerning the company's capital structure or shareholder agreements, though specific financial amounts and conditions are not disclosed in the filing. The event is significant as it may affect the company's governance or share structure moving forward.
- : SEC 8-K (8.01):
- : SEC 8-K (8.01): On March 9, 2026, MineralRite Corporation issued a press release detailing several developments, including the reclamation of 45 shares of Series C Preferred Stock due to a breach of contract by a service provider. The Company exercised its right to reclaim these shares after sending a notice of default on January 31, 2026. This reclamation reduces the total outstanding Series C Preferred Stock from 9,452 to 9,407 shares, thereby minimizing potential dilution to common stockholders by 18,000,000 shares, as each share is convertible into 400,000 common shares. Additionally, the Company completed its independent audit for the fiscal year ended December 31, 2025, and will file its Annual Report on Form 10-K by March 31, 2026.
- : SEC 8-K (1.01): On January 26, 2026, Peeples, Inc., a wholly owned subsidiary of MineralRite Corporation, entered into a Common Variety Mineral Materials Lease with the State of Arizona, represented by the Arizona State Land Department. The lease covers approximately 377.11 acres of Arizona State trust land in Yavapai County, Arizona, with a term that started on May 2, 2023, and will expire on May 1, 2043, and is non-renewable. This lease allows the Company to conduct mineral materials operations under certain regulatory and operational obligations. The strategic implications of this lease are significant for the Company’s planned development activities, which were highlighted in a press release issued on January 29, 2026.
- : SEC 8-K (8.01): On January 15, 2026, MineralRite Corporation announced significant accomplishments and developments for the fourth quarter of 2025 via a press release. The release detailed various key performance indicators and strategic initiatives undertaken during the quarter, although specific financial figures or implications were not disclosed in the brief. The press release is included as Exhibit 99.1 in the filing, contributing to transparency for investors regarding the Company's recent performance. This communication aligns with ongoing efforts to keep shareholders informed and engaged with the Company's progress.
- : SEC 8-K (8.01): On January 15, 2026, MineralRite Corporation issued a press release outlining key accomplishments and developments for the fourth quarter of 2025. The press release, which is included as Exhibit 99.1, highlights various performance metrics and strategic initiatives taken by the company during this period. This announcement is significant for shareholders as it provides insights into the company's operational effectiveness and future direction. The timely release of this information serves to keep stakeholders informed about the company's performance and potential market strategies.
- : SEC 8-K (7.01): On October 14, 2025, MineralRite Corporation disclosed updates on operational and corporate developments related to the third quarter ending September 30, 2025, through a press release filed under Regulation FD. Key topics include the progress on the Skull Valley Mine Operating Plan, share reclamation activities leading to the return of approximately 296 million shares to treasury, and the completion of a Regulation D offering of Series D Preferred stock. The communication also notes the acknowledgment of a Penny Stock Exempt designation granted on September 2, 2025, and discusses management's intent to potentially hold off on future financing until share prices reflect the intrinsic asset value. This information aims to keep shareholders informed of significant updates and strategic moves within the company.
- : MINERALRITE
Mineralrite funding history
| Date | Round | Amount |
|---|---|---|
| Jan 2025 | Venture | $180.0M |
| Jan 2025 | Pre-Seed | $50K |
Leadership
- James Burgauer, Executive Officer
Verified email and direct lines for Mineralrite’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Mineralrite in the news
- MineralRite Announces Advancement of Skull Valley Project into Phase 2 Verification and Analytical Program - Yahoo Finance (Jun 25, 2026)
- Mining Giant MINERALRITE Lands Massive $432M Asset Acquisition, Signals Major Growth Phase - Stock Titan (Feb 06, 2025)
- MineralRite Corporation Acknowledges Private Transfer of Its Securities and Implementation of Governance Safeguards - Yahoo Finance (May 07, 2026)
- MineralRite (OTCPK:RITE) Stock Price - Simply Wall Street (Jul 28, 2025)
- How MINERALRITE's New Banking Deal Could Transform Its Acquisition Pipeline - Stock Titan (Mar 05, 2025)
- MINERALRITE CORPORATION (RITE) Completes Corporate Action Case Filed with FINRA - Yahoo Finance (Apr 29, 2025)
- MineralRite Corporation (RITE) Reports on Key Accomplishments for Q3 2025 - Yahoo Finance (Oct 14, 2025)
- MineralRite Corporation (RITE) stock price, news, quote and history - Yahoo Finance UK (Feb 21, 2018)
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About Mineralrite: questions and answers
What does Mineralrite do?
MineralRite Corporation is focused on mineral processing, certification, streaming, and sales of base and precious metals. The Company is engaged in identifying and optimizing opportunities in the small and junior sized mining industry.
Where is Mineralrite headquartered?
Mineralrite is headquartered in Dallas, Texas, United States.
How many employees does Mineralrite have?
Mineralrite has about 2 employees.
Has Mineralrite raised funding?
Yes. Fundz has recorded 2 funding events for Mineralrite. The most recent, $180.0M, was in Jan 2025.
What is the latest news on Mineralrite?
On Oct 02, 2026, SEC 8-K (1.01): On September 30, 2026, MineralRite Corporation entered into a significant Repurchase Agreement with Abstract Concepts 1618 LLC to repurchase 3,919,388 shares of Series NMC $25 Convertible Preferred Stock for a total of $106,724,942. The company issued a non-interest-bearing promissor
Is Mineralrite a public company?
Yes. Mineralrite is publicly traded under the ticker RITE.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy