MineralRite Corp (RITE)

[UserAlias1]

$RITE issuing-toxic-debt-like-it's-going-out-of-style! Item 8.01. Other Events

On July 3, 2014, the Company issued a 8% convertible redeemable promissory note, for one payment of $15,000. The convertible promissory note matures on July 3, 2015. The Company has the right to pre pay any time before January 3, 2015 for 150% of face value plus accrued interest.

On July 8, 2014,the Company issued a 8% convertible redeemable promissory note, for one payment of $25,000.The convertible promissory note matures on July 8, 2015. The Company has the right to pre pay any time before January 8, 2015 for 150% of face value plus accrued interest.

On July 28, 2014, the Company issued a 8% convertible redeemable promissory note, for one payment of $50,000.The convertible promissory note matures on July 28, 2015. The Company has the right to pre pay any time before January 28, 2015 for 150% of face value plus accrued interest.