On January 26, 2026, Peeples, Inc., a wholly owned subsidiary of MineralRite Corporation (the “Company”), entered into a Common Variety Mineral Materials Lease (the “Lease”) with the State of Arizona, acting through the Arizona State Land Department.The Lease covers approximately 377.11 acres of Arizona State trust land located in Yavapai County, Arizona. Although the Lease was executed on January 26, 2026, its stated term commenced on May 2, 2023, and expires on May 1, 2043. The Lease is not renewable. Any continuation beyond the expiration date requires either (i) a discretionary extension approved in writing by the Arizona State Land Commissioner, not to exceed ten (10) years, or (ii) the issuance of a new lease.
The Lease is a successor to a prior lease covering the same premises and provides the Company with rights to conduct mineral materials operations on the leased property, subject to customary operational, environmental, reporting, bonding, and royalty obligations applicable to Arizona State trust land mineral leases.
The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the Extract of Material Terms, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 8.01 — Other EventsOn January 29, 2026, the Company issued a press release announcing the execution of a Common Variety Mineral Materials Lease by its wholly owned subsidiary, Peeples, Inc., with the Arizona State Land Department, and describing the significance of the lease in connection with the Company’s planned development activities.A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. https://www.otcmarkets.com/filing/html?id=19095747&guid=CCt-kn10eYdkdth https://www.otcmarkets.com/filing/html?id=19095747&guid=CCt-kn10eYdkdth
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