MineralRite Corporation (RITE) Reports on Key Accomplishments for Q3 2025

Core Insights - MineralRite Corporation (RITE) has reported significant progress in its operational and capital-market initiatives for Q3 2025, focusing on mineral recovery and asset monetization [1] Operational Developments - The Arizona State Land Department has requested minor adjustments to RITE's Mine Operating Plan for the Skull Valley lease, with the lease renewal process expected to conclude soon, allowing the company to advance preparatory operations for mine tailings recovery [2] - RITE is in discussions with a U.S. affiliate of an international mining group regarding a joint venture to operate at the Skull Valley site and expand into urban-mining and precious-metal recovery initiatives [12] Regulatory and Compliance Updates - RITE has completed three rounds of responses to SEC comments on its Form 10 registration statement and is preparing for a fourth response, with the filing remaining effective during the current federal government shutdown [3] - The company has achieved a "Penny Stock Exempt" designation from OTC Markets, improving liquidity due to its $432 million in processed mine tailings and over three years of sustained operations [10] Capital Structure and Shareholder Value - Following the announcement of share-reclamation initiatives, RITE reports that an additional 296 million shares are in the process of being returned to treasury, which will reduce potential dilution and enhance shareholder value [4] - RITE's Regulation D offering of Series D Convertible Preferred Shares has been fully subscribed, primarily by long-term investors who are aligned with the company's strategic direction [6][7] Management and Future Strategy - The management team continues to demonstrate confidence through direct share purchases, aligning their financial interests with those of shareholders [5] - The company is currently focused on strengthening market value and limiting dilution before considering future Regulation A offerings [11]