MineralRite Completes 2025 Audit, Targets Timely 10-K Filing

An update from MineralRite ( (RITE) ) is now available.

On March 9, 2026, MineralRite Corporation reported that it had completed the independent audit of its 2025 financial statements and plans to file its Form 10-K by March 31, 2026, while also submitting responses on March 4, 2026, to U.S. SEC comments on its Form 10 registration statement, reinforcing its transition toward more robust public-company reporting. The company also reclaimed 45 shares of Series C preferred stock from a service provider that breached its contract, cutting potential dilution by the equivalent of 18 million common shares, and confirmed that its Qualified Person is in Phase 1 of a technical review of the Skull Valley project, which has so far focused on verifying the continued presence of mine tailings and historical technical data without yet establishing mineral resources or reserves.

The reclamation of preferred stock, which returned the shares to treasury and reduced outstanding Series C preferred from 9,452 to 9,407, underscores management’s emphasis on protecting shareholder value and tightening capital structure oversight. Meanwhile, the ongoing SEC review and the preliminary nature of the Skull Valley assessment highlight both regulatory progress and project-related uncertainty, with further technical work and any Phase 2 expansion still contingent on future board approval and available financing.

More about MineralRite

MineralRite Corporation is a Texas-based resource development company focused on the recovery and monetization of mineral assets and related operations. The company pursues mineral recovery and strategic asset monetization, positioning itself within the broader mining and resource development sector, with projects including the Skull Valley mineral asset held through its subsidiary Peeples, Inc.

Current Market Cap: $27.33M

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