|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
|
MINERALRITE Corp (Name of Issuer) |
Series C Preferred (Title of Class of Securities) |
60314D403 (CUSIP Number) |
James Burgauer 325 N. St. Paul Street, Suite 3100 Dallas, TX, 75201 4699299969 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
05/04/2025 (Date of Event Which Requires Filing of This Statement) |
| CUSIP No. | 60314D403 |
| 1 |
Name of reporting person
Burgauer James |
| 2 |
Check the appropriate box if a member of a Group (See Instructions)
☐ (a) ☐ (b) |
| 3 | SEC use only |
| 4 |
Source of funds (See Instructions)
PF |
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
☐ |
| 6 |
Citizenship or place of organization
UNITED STATES
|
| Number of Shares Beneficially Owned by Each Reporting Person With: | 7
Sole Voting Power:
6,515.00 8
Shared Voting Power:
0.00 9
Sole Dispositive Power:
6,515.00 10
Shared Dispositive Power:
0.00 |
| 11 |
Aggregate amount beneficially owned by each reporting person
6,515.00 |
| 12 |
Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
☐ |
| 13 |
Percent of class represented by amount in Row (11)
75.9 % |
| 14 |
Type of Reporting Person (See Instructions)
IN |
| Item 1. | Security and Issuer |
| (a) |
Title of Class of Securities:
Series C Preferred |
| (b) |
Name of Issuer:
MINERALRITE Corp |
| (c) |
Address of Issuer's Principal Executive Offices:
325 N. ST. PAUL STREET, SUITE 3100, DALLAS,
TEXAS
, 75201. |
| Item 2. | Identity and Background |
| (a) | James Burgauer |
| (b) | c/o MineralRite Corporation, 325 N St. Paul Street, Suite 3100, Dallas, TX, 75201 |
| (c) | President / CEO of MineralRite Corporation, 325 N St. Paul Street, Suite 3100, Dallas, TX, 75201 |
| (d) | No |
| (e) | No |
| (f) | United States |
| Item 3. | Source and Amount of Funds or Other Consideration |
Personal funds were used to pay for this security which was part of a multiple security purchase. 5,000 shares were paid for by a promissory note, in the amount of $100,000, due December 31, 2026, was paid as consideration for this purchase. Payments on the note are made periodically. An additional $139,800 has been paid in cash for 1,015 shares; and a portion of another $11,960 was attributed to the remaining 500 shares as part of another multiple security purchase. | |
| Item 4. | Purpose of Transaction |
The shares were acquired for investment purposes and to further align with the strategic direction of the Company. As President, CEO, and CFO of the Issuer, I currently influence management, operations, and corporate policy. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | 6,515 (75.9%) |
| (b) | 6,515 |
| (c) | 5,000 shares were purchase on March 10, 2025; I exercised options that I had previously acquired on October 25, 2023. |
| (d) | No |
| (e) | N/A |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
None |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
Burgauer James |
| Signature: | /s/ James Burgauer | |
| Name/Title: | James Burgauer | |
| Date: | 05/07/2025 |