MINERALRITE CORPORATION [Symbol: RITE] Achieves Penny Stock Exempt Status.\u00a0Dallas, Texas, September 2, 2025 \u2013\u2013\u00a0MINERALRITETM\u00a0Corporation (the \u201cCompany\u201d or \u201cRITE\u201d), a Texas-based company focused on mineral recovery and strategic resource development, which…<\/p><\/div>Read More<\/a><\/div><\/div><\/article> TO: The Shareholders of MineralRite CorporationFROM: James Burgauer, PresidentRE: WHAT HAS RITE DONE IN 2025 QUARTER #1DATE: April 15, 2025 PREFACE: The Investor Relations section of the new website has…<\/p><\/div>Read More<\/a><\/div><\/div><\/article> Globe Small Cap Research just released a report covering MineralRite Corporation ($RITE). It can be seen at\u00a0https:\/\/mineral-rite.com\/investor-relations\u00a0 or download here. CONFIDENTIALITY NOTICE: This electronic communication is covered by the Electronic Communications…<\/p><\/div>Read More<\/a><\/div><\/div><\/article> The shares of RITE Series NMC $25 preferred stock are subject to a sinking fund, which means RITE will offer to buy it back from you for cash. At some point the sinking fund will ask you if you wish to cash them out at a price of $25, which grows at an annual rate of 5% subject to a floor price of $25.40. Or you may convert them, at your choice, into 500 shares of RITE common stock.<\/p>\n Regarding the warrants, you can let the warrant expire or you can exercise the warrant and purchase an additional 500 shares of RITE common stock for $15.[\/vc_toggle][vc_toggle title=” I own X number of shares of NMC, Inc (formerly Hexagon Consolidated Companies of America, Inc., ticker symbol: HCCA). What do I do? What will I be getting for them? When will I be getting it?”]\u00a0<\/b>At this instant, you still own your shares of\u00a0NMC.\u00a0You do not need to do anything.[\/vc_toggle][vc_toggle title=”When do you expect the distribution of shares to take place?”]The shares and warrants will\u00a0be distributed by NMC on a pro-rata basis, to all NMC holders.\u00a0In a few\u00a0months\u00a0from now, after certain tasks have been completed, you will be receiving information, and you will be issued shares of RITE NMC $25 preferred stock. Thereafter, you will have the choice to convert or to cash out.<\/p>\n [\/vc_toggle][vc_toggle title=”When do you expect money to begin being distributed for the NMC shares?”]The target is about 18\u00a0\u00a0months; that is the time frame we expect to start making the offer to buy back your shares or allowing you to convert, at your option. That is also the time frame we would think the first property will be in production.<\/p>\n <\/p>\n [\/vc_toggle][vc_toggle title=” What is the protocol to prove NMC share ownership?”]This is an issue that will be addressed by NMC’s transfer agent at the appropriate time.<\/p>\n <\/p>\n <\/p>\n [\/vc_toggle][vc_toggle title=”What is a sinking fund and how does it work?”]A\u00a0sinking\u00a0fund<\/b>\u00a0is a strategy whereby a company arranges to accumulate money for a specific future expense. Instead of paying for large costs all at once, the company arranges to pay them off gradually over time. In this particular case, RITE will make periodic offers to buy back the RITE Series NMC preferred shares that NMC holders are being given pursuant to the terms of the acquisition. More specific information will become available on the mechanics of how this will work as they are developed by the legal team.<\/p>\n <\/p>\n <\/p>\n <\/p>\n [\/vc_toggle][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]For more information, please reach out to MineralRite\u2122 investor relations: <\/p>\n <\/p>\n <\/p>\n [\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":" [vc_row full_width=”stretch_row” wpex_bg_overlay=”dotted” css=”.vc_custom_1520014847722{background-image: url(https:\/\/nmcinc.com\/web\/wp-content\/uploads\/2018\/03\/4_5_0_header_strategicaccounts_1_B.jpg?id=227) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” wpex_bg_overlay_color=”rgba(85,85,85,0.3)”][vc_column][vc_empty_space height=”251px”][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text]\u00a0\u00a0NEWS[\/vc_column_text][vc_empty_space height=”12px”][vc_zigzag el_border_width=”10″][vc_empty_space height=”12px”][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text] \u00a0FAQs[\/vc_column_text][vc_zigzag el_border_width=”10″][vc_toggle title=”What is a summary of share structure for existing NMC investors (ticker: NMCX) with the execution of the Definitive Agreement with<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-15","page","type-page","status-publish","hentry","entry","no-media"],"_links":{"self":[{"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/pages\/15","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/comments?post=15"}],"version-history":[{"count":18,"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/pages\/15\/revisions"}],"predecessor-version":[{"id":1850,"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/pages\/15\/revisions\/1850"}],"wp:attachment":[{"href":"https:\/\/nmcinc.com\/web\/wp-json\/wp\/v2\/media?parent=15"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n\t
![\"faq\"](\"https:\/\/img.icons8.com\/ios\/50\/faq.png\")
\u00a0FAQs<\/span>[\/vc_column_text][vc_zigzag el_border_width=”10″][vc_toggle title=”What is a summary of share structure for existing NMC investors (ticker: NMCX) with the execution of the Definitive Agreement with MineralRite Corporation?” open=”true”]The short answer is one thousand (1,000) NMC shares will get you 1 share of RITE Series NMC $25 convertible preferred stock. NMC now owns 6.9 million shares of RITE Series NMC $25 preferred stock (convertible) and 6.9 million warrants, and a portion of what NMC owns is yours. These 6.9 million shares and warrants that NMC has will eventually be distributed by NMC, on a pro-rata basis, to NMC shareholders. For every 1,000 shares of NMC you own, you will be given 1 share of RITE Series $25 NMC preferred stock and 1 warrant.<\/p>\n
\n<\/strong>web: www.mineral-rite.com<\/a> \u00a0\u00a0|\u00a0\u00a0 phone: +1 (469) 536-0010 \u00a0\u00a0|\u00a0\u00a0 email: ir@mineral-rite.com<\/a><\/p>\n