Abstract Concepts to acquire 6.9M preferred shares from NMC; voting capped at 45%

MINERALRITE Corp

Abstract Concepts 1618 LLC to buy 6.9M Series NMC preferred shares and 6.9M warrants from NMC, Inc.
Post-transaction, Abstract expected to own ~37% of RITE common stock on an as-converted basis.
Company and Abstract enter Shareholder Control Limitation Agreement capping Abstract's voting power at 45%.
Abstract prohibited from seeking control, including board representation or management influence.
No new securities issued by MineralRite; terms privately negotiated and not disclosed.

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