MineralRite says investor exercises warrants for 6,900,000 preferred shares

• MineralRite completed an integrated transaction tied to an irrevocable exercise of 6,900,000 Series NMC Preferred warrants.
• Abstract also irrevocably exercised warrants for 53,500 Series D Preferred shares; shares will be issued when authorized and available.
• Concurrent repurchase of about 3,900,000 outstanding Series NMC Preferred shares reduced potential common dilution by about 2 billion shares.
• Company used a $106.7 million promissory note to fund the cashless warrant exercises; no cash proceeds received.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MineralRite Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610021615NEWSFILECNPR____20261002_317038_1) on October 02, 2026, and is solely responsible for the information contained therein.