|8-KJan 29, 9:06 AM ET

MINERALRITE Corp 8-K

Research Summary

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MINERALRITE Corp Announces Mineral Lease with Arizona State Land

What Happened

  • MINERALRITE Corporation (via its wholly owned subsidiary Peeples, Inc.) filed an 8-K reporting entry into a Common Variety Mineral Materials Lease with the Arizona State Land Department. The Lease was executed on January 26, 2026, covers approximately 377.11 acres in Yavapai County, Arizona, and is a successor to a prior lease covering the same premises. The Lease’s stated term commenced May 2, 2023 and expires May 1, 2043.

Key Details

  • Lessee: Peeples, Inc., a wholly owned subsidiary of MINERALRITE Corp.
  • Lessor: State of Arizona, Arizona State Land Department; Agreement No. 11-086475-101 (Successor Lease).
  • Acreage: ~377.11 acres of Arizona State trust land in Yavapai County, AZ.
  • Term: Stated commencement May 2, 2023; expiration May 1, 2043. Lease is not automatically renewable; continuation requires either a discretionary written extension by the State Land Commissioner (up to 10 years) or issuance of a new lease.
  • Rights/Obligations: Grants rights to conduct mineral materials operations subject to customary operational, environmental, reporting, bonding, and royalty obligations for Arizona State trust land.
  • Disclosure: Company issued a press release on January 29, 2026 announcing the lease (Exhibit 99.1); an extract of material terms is filed as Exhibit 10.1.

Why It Matters

  • The lease secures state trust land access and a clear operating term through 2043, which is material for MINERALRITE’s planned development activities on the leased property.
  • The agreement also establishes ongoing obligations (royalties, bonding, environmental and reporting requirements) that could affect operating costs and timelines.
  • Investors get formal notice of the company’s legal right to conduct mineral materials operations on these acres and the availability of supporting documentation (press release and extract of material terms) for further review.