MINERALRITE CORPORATION ANNOUNCES ADDITIONAL EXPERT HELP

Rhea-AI Summary

MineralRite Corp. (OTC PINK: RITE), based in Dallas, has engaged MIS Consulting, Inc. and James Burgauer to enhance its business model as a diversified holding company. This move follows a corporate restructuring aimed at executing a new business strategy. MIS Consulting, established in 1984, specializes in various sectors, notably technology and mining. Burgauer, a seasoned entrepreneur, brings a wealth of experience from the brokerage industry. The compensation structure is designed to incentivize the development of profitable business avenues.

Positive

• Engagement of MIS Consulting and James Burgauer for business development.
• Burgauer's extensive background in the brokerage industry could provide valuable connections.
• Focus on diversifying into technology, financial services, and mining sectors.

Negative

• None.

MineralRite Announces Additional Expertise To Build Its Business Model As A Diversified Holding Company

Dallas, TX, Sept. 16, 2022 (GLOBE NEWSWIRE) -- MineralRite Corp. (OTC PINK: RITE) (the “Company”) is pleased to announce the engagement of MIS Consulting, Inc. and Mr. James Burgauer to help steer new business development as the company emerges from its restructuring and begins to execute its newly formulated business plan.

MIS Consulting, Inc. has been in the consulting business since its incorporation in 1984 and has served clients in a multitude of industries. Of particular interest to Mineral Rite is MIS' experience in new business development as well as its focus and contact base in the Technology and Computer Sector, the Financial Services Sector and the Mineral and Mining Sector.

James Burgauer, President of MIS will act as the designated consultant handling the MineralRite account. He is a seasoned entrepreneur with a proven track record who began his professional career in the brokerage business. His tenure in that industry includes the founding of three broker-dealers, a mutual fund, a transfer agent, an insurance agency, a commodity brokerage firm and two investment advisory firms. Over the years, he has employed hundreds of licensed personnel; and at the time his firm was acquired by a public company, it was holding in excess of $700 million of customer funds, spread across tens of thousands of accounts, being managed by nearly 300 registered representatives. Additionally, he brings with him a seasoned rolodex of long time contacts and a multitude of strategic relationships with individuals and entities that specialize in the physical purchase, sales, delivery and processing of commodities including precious, semi-precious and base metals.

The compensation package engaging both MIS and Mr. Burgauer has specifically been designed by RITE to reward their efforts to bring assets under MineralRite's control, and to develop new and profitable lines of business.

"Now that we are back to current status on the corporate side, management can focus on accomplishing the aggressive goals we have set out for the Company.  We expect to be announcing the addition of other key corporate personnel in the coming weeks, as well as sharing information on several projects which are already under way. As always, we look forward to keeping the investment community informed on the progress we are making." said Guy Peckham, CEO and President of MineralRite.

About MineralRite

MineralRite Corporation is a diversified holding Company primarily focused on the natural resource and physical commodity industry. The company is planning to enter into a number of beneficial agreements that match company needs for resources, logistical and process solutions and financing. MineralRite’s growth will be driven not only by strategic alliances, but by sourcing its expertise to the many small and mid-size companies in need of its solutions.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of MineralRite Corporation, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond MineralRite Corporation’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in MineralRite's filings with OTC Markets and the Securities and Exchange Commission.

MineralRite website at www.mineralritecorp.com  

Twitter: https://www.twitter.com/mineralrit

Contact:
info@mineralritecorp.com
702-843-6040

FAQ

What is the latest announcement from MineralRite Corp?

MineralRite Corp. has engaged MIS Consulting, Inc. and James Burgauer to assist in business development as it restructures.

Who is James Burgauer in relation to MineralRite Corp?

James Burgauer is the president of MIS Consulting and will lead MineralRite's consulting efforts.

What sectors is MineralRite focusing on?

MineralRite aims to expand into the technology, financial services, and mining sectors.

What is MineralRite's stock symbol?

MineralRite's stock symbol is RITE.

When was the press release issued by MineralRite?

The press release was issued on September 16, 2022.