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FINRA processes Form 211 for MineralRite, allowing priced quotations in OTC market
RITEMINERALRITE Corp
MineralRite Corporation announced that FINRA has processed the Form 211 filed by its sponsoring broker-dealer under SEC Rule 15c2-11. This action demonstrates compliance with FINRA Rule 6432 and permits the sponsor to initiate priced quotations for RITE common stock in the over-the-counter market, removing the previous "Unsolicited Quotes Only" designation. OTC Markets has removed the warning from the company's profile page, though the official quote eligibility status will update after the first priced quotation is published. Other broker-dealers may also begin quoting the stock. MineralRite Corporation operates in the mineral resources sector, focusing on the evaluation, remediation, recycling, and potential recovery of mineral values from existing materials such as mine tailings.