MineralRite Corporation filings document an OTC mining and metals issuer with common stock quoted under RITE and multiple preferred stock series. The company’s regulatory record includes Form 8-K material-event reports, Regulation FD updates, Form 10 reporting matters, securities registration information, and capital-structure disclosures.
Recent filings describe mineral lease arrangements through subsidiary Peeples, Inc., Skull Valley project matters, SEC staff review activity, share reclamation to treasury, preferred-stock dilution mechanics, private offering activity, shareholder communications, governance matters, and exhibits related to material agreements and press releases.
MineralRite Corporation (RITE) reported Q3 2025 results showing no operating revenue and net income of $24,588, driven by non‑operating items including a gain on extinguishment of legacy debt. Year‑to‑date, the company recorded a net loss of $125,548.
On the balance sheet, cash was $13,475, current liabilities were $5,019,207, and stockholders’ equity totaled $427,275,682. Assets include $432,019,558 assigned to previously processed mine tailings from the Peeples acquisition; management notes this value reflects market and income approaches rather than mineral reserve estimates. The company reported 4,554,776,842 common shares outstanding as of September 30, 2025. Basic EPS for the quarter was $0.000005.
Management disclosed “substantial doubt” about the company’s ability to continue as a going concern due to ongoing operating losses, minimal cash, and the absence of revenue. The company continued to work toward SEC no‑comment status on its Form 10, FINRA quoting restoration, and agreements tied to its mineral projects while raising modest capital through preferred stock and option/warrant proceeds.
MineralRite Corporation filed a current report to share a shareholder communication about its operational and corporate developments for the third quarter ended September 30, 2025. The company distributed this update as a press release dated October 14, 2025.
The press release is furnished as Exhibit 99.1 to the report under a Regulation FD disclosure item, meaning it is provided for information purposes and is not treated as filed for liability purposes under the securities laws.
MineralRite Corporation (RITE) is reporting a mix of corporate restructurings, mining asset acquisitions, and significant governance and control weaknesses. The filing discloses a $763,377 gain from derecognized time-barred liabilities and a non-cash of obligations through issuance of 2,750 warrants. The company reclaimed 9,544,690 common shares to treasury and completed business combinations: one valued at $240,000 (600 Series C preferred issued) and another at $432,000,000 (6.9 million Series NMC preferred, 6.9 million warrants, and assumption of $5 million obligations).
Operations focus on mining, processing and precious-metal trading; recent property additions include the Skull Valley lease (~377.11 acres, $7,540/yr + royalty revised to 8%, acquired via Peeples, Inc. on Dec 31, 2024) and multiple BLM claims in California. The filing discloses material internal control deficiencies (lack of segregation of duties, no audit committee, insufficient documentation), prior regulatory actions including an SEC administrative order and $25,000 penalty, an Alberta Cease Trade Order (pending revocation), and termination of reporting obligations in 2018. The company identifies going-concern, liquidity, dilution, operational, regulatory, environmental, and market-liquidity risks.