Business UpdateNov 6, 2026, 12:26 PM
MineralRite Corp: FINRA Processes Form 211, Enabling Priced OTC Quotes
AI Summary
MineralRite Corporation announced that its sponsoring broker-dealer received notice from FINRA that Form 211, filed under SEC Rule 15c2-11, has been processed. This allows the sponsor to initiate priced quotations for RITE common stock in the over-the-counter market, and OTC Markets has removed the 'Unsolicited Quotes Only' warning. The company also highlighted several corporate and business milestones achieved since October 2023, including acquisitions, financial statement audits, SEC filings, and regulatory actions.
Key Highlights
- FINRA processed Form 211 filed by sponsoring broker-dealer, allowing for priced quotations in OTC market.
- OTC Markets removed the 'Unsolicited Quotes Only' warning from RITE's profile page.
- Acquired worldwide rights to Goldfield brand of gold mining equipment in Feb-Mar 2024.
- Released audited financial statements for FY 2022 and 2023 in September 2024.
- Acquired Peeples Inc. and California Precious Metals LLC in December 2024.
- Filed Form 10 registration statement with SEC in February 2025.
- Alberta Securities Commission revoked cease-trade order in March 2025.
- SEC staff completed review of RITE's Form 10 registration statement in June 2026.
Price Impact
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