MineralRite Corporation (RITE)
OTC PINK OTC PINK Primary Summary
MineralRite Corporation (Symbol RITE) CEO will attend National Investment Bankers Association Meeting
DALLAS, TX / ACCESSWIRE / August 30, 2024 / The CEO of MINERALRITE TM Corporation (the "Company" or "RITE"), a micro-cap stock trading on the OTC Pink market, will be attending the National Investment Bankers Association ("NIBA") meeting which will be taking place in Ft. Lauderdale, Florida during the first week of September.
![MINERALRITE CORPORATION [Symbol: RITE] Announces Engagement of a PCAOB Auditor](https://images.financialmodelingprep.com/news/mineralrite-corporation-symbol-rite-announces-engagement-of-a-pcaob-auditor-20240820.jpg)
MINERALRITE CORPORATION [Symbol: RITE] Announces Engagement of a PCAOB Auditor
DALLAS, TX / ACCESSWIRE / August 20, 2024 / MINERALRITE TM Corporation (the "Company" or "RITE"), a micro-cap stock trading on the OTC Pink Sheets, has engaged the auditing services of Zhanna Kelley CPA P.C. to conduct a PCAOB audit as the company moves to the next stages of its rebirth.
![Micro-cap MINERALRITETM CORPORATION [Symbol: RITE] Announces $519,000 in Earnings as part of its YTD Recap](https://images.financialmodelingprep.com/news/microcap-mineralritetm-corporation-symbol-rite-announces-519000-in-earnings-20240731.jpg)
Micro-cap MINERALRITETM CORPORATION [Symbol: RITE] Announces $519,000 in Earnings as part of its YTD Recap
DALLAS, TX / ACCESSWIRE / July 31, 2024 / MINERALRITE TM Corporation (the "Company" or "RITE"), a micro-cap stock trading on the OTC Pink Sheets (OTC PINK:RITE), is pleased to announce that for the first six months of 2024 it has turned a profit of $519,000. Based on outstanding shares, that translates into a bit more than $0.0001 per share; and on a fully diluted basis, that translates into a bit less than $0.0001 per share.
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MineralRite Corporation Profile
| Metals & Mining Industry | Materials Sector | James O. Burgauer CEO | OTC PINK Exchange | 60314D106 CUSIP |
| US Country | 2 Employees | - Last Dividend | 18 Oct 2012 Last Split | - IPO Date |
Overview
MineralRite Corporation, headquartered in Lindon, Utah, is primarily focused on the acquisition, exploration, and development of mining projects within the state. Originally known as Royal Quantum Group, Inc., the company underwent a rebranding in October 2012 to better reflect its core business and mission in the mining sector. Established in 1996, MineralRite has expanded its operations to include not only mining activities but also the manufacturing and distribution of specialized equipment for the recovery of various precious stones and metals through its subsidiary, Goldfield International, Inc. This strategic diversification allows the company to serve a wider range of needs within the mining and environmental clean-up industries.
Products and Services
Alluvial Gold and Gem Stone Recovery Equipment
Under the banner of its subsidiary, Goldfield International, Inc., MineralRite designs and markets machinery specifically created for the extraction of alluvial gold, diamonds, and other gemstones. This range includes innovative solutions tailored for the effective and efficient recovery of precious minerals from riverbeds and other alluvial environments.
Environmental Clean-Up Equipment
In addition to mining equipment, the company offers a variety of machines aimed at environmental remediation projects. This diverse lineup features barges, clarifiers, and lead recovery systems among others, which are utilized in cleaning water bodies and soil, thereby contributing to the efforts of preserving natural ecosystems from industrial impacts.
Mechanical Equipment for Mining and Environmental Projects
The product portfolio is complemented by an extensive range of mechanical hardware including dryers, conveyors, and hoppers. These items are integral to both mining operations and environmental clean-up tasks, facilitating the process of material handling, segregation, and preparation for further processing or disposal.
