MineralRite : ATTORNEY LETTER WITH RESPECT TO CURRENT INFORMATION 3.31.2022 CORRECTED

July 14, 2022

OTC Markets Group Inc.

300 Vesey Street, 12th Floor

New York, New York 10282

Re: MineralRite Corporation ("RITE") f/k/a Royal Quantum Group Inc., f/k/a PSM Corp., a Texas corporation (the "Company" or "Issuer").

Subj.: Letter with Respect to Adequate Current Information for the Issuer - QuarterlyReport for the Quarter Ended March 31, 2022.

Dear Ladies and Gentlemen:

I write to provide the OTC Markets Group Inc (hereinafter "OTC Markets Group") with an opinion with respect to the Company. OTC Markets Group is entitled to rely on such opinion in determining whether to permit quotations in the Issuer's securities (hereinafter, the "Securities") in the OTC Markets Group quotation venue and in deciding whether the Issuer has made adequate current information publicly available within the meaning of Rule 144(c)(2) under the Securities Act of 1933, as amended (the "Securities Act").

I am a U.S. resident and I have been retained by the Issuer solely for the purpose of reviewing the current information supplied by the Issuer. I do not own any shares of the Issuer's securities and will not receive any shares of the Issuer's securities as payment for services rendered, currently or in the future.

I have examined such corporate records, e.g., Articles of Incorporation, Bylaws, corporate minutes and other documents and such questions of law as I have considered necessary or appropriate for purposes of rendering this letter. I am authorized to practice law in the State of New York, including the laws of the United States. I am permitted to practice before the Securities and Exchange Commission (the "Commission") and have not been prohibited from practice thereunder.

I am not currently and have not been in the preceding five (5) years, suspended or barred from practicing in any state or jurisdiction, or charged in a civil or criminal case. I am not currently and have not been in the preceding five (5) years, subject of an investigation, hearing, or proceeding by the Commission, the U.S Commodity Futures Trading Commission ("CFTC"), the Financial Industry Regulatory Authority ("FINRA"), or any other federal, state, or foreign regulatory agency.

On July 14, 2022, the Issuer posted on the OTC Disclosure and News Service its Quarterly Report for the period ended March 31, 2022, prepared in accordance with Rule 15c2-11(a)(5) promulgated under the Securities and Exchange Act of 1934 (the "Exchange Act"). I have reviewed all such documents (the

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"Information") in connection with the preparation of this letter and find them to be suitable for public disclosure.

It is my belief that the Information:

1. constitutes "adequate current public information" concerning the Securities and the Issuer and "is available" within the meaning of Rule 144(c)(2) under the Securities Act;
2. includes all of the information that a broker-dealer would be required to obtain from the Issuer to publish a quotation for the Securities under Rule 15c2-11 under the Exchange Act, and;
3. complies as to form with the OTC Markets Group Inc. Guidelines for Providing Adequate Current Information, which are located on the Internet atwww.otcmarkets.com,and;
4. has been posted on the OTC Disclosure and News Service.

The opinion and conclusions herein are based upon documentation and facts made available to me by the Company and are based on the accuracy of those documents and facts. The documentation that was provided to me was believed to be true and reliable in its contents.

I personally met, telephonically, with Guy Peckham, CEO of the Issuer, and Kelli Austin, who prepared the financial statements to discuss and review the above documentation. If the facts and information in all such documents are determined not to be true, this opinion shall be null and void.

The party responsible for preparation of the financial statements of the Issuer is:

Kelli Austin Camelot Nevada

3418 Bridgette Lane

Mont Belvieu, Texas 77523 Phone:[phone]

Email: [e-mail]

The Transfer Agent for the Issuer is:

Nevada Agency and Transfer Company

50 West Liberty Street, Suite 880

Reno, Nevada 89501

Phone: [phone]

Fax: [phone]

Email:[e-mail]

The Transfer Agent is listed with the Commission and also has Depository Trust Corporation ("DTC") approval. As of March 31, 2022, there were 4,357,321,532 shares of Common Stock issued and outstanding of the Issuer. The Company's Transfer Agent was the source of confirmation of the common shares outstanding of the Issuer, via email on July 11, 2022.

To the best of counsel's knowledge, after inquiry of management and the directors of the Issuer, neither the Issuer, nor counsel or any 5% holder is currently under investigation by any federal or state regulatory authority for any violation of federal or state securities law.

The Company was incorporated in the State of Nevada in October 1996. The Company was quoted on the Expert Market as of September 29, 2021, until July 8, 2022. The Company began filing public information October 20, 1999; therefore, it is uncertain whether the Company was a "shell company" as defined in Rules 405 of the Securities Act of 1933 and 12b-2 of the Exchange Act of 1934 from incorporation until the time

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it began filing with the Commission. The Company was a "Reporting Issuer" subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act until it deregistered on February 16, 2018.

The Issuer was incorporated in Nevada in October 1996, under the name PSM Corp. The Company's name was then changed to Royal Quantum Group, Inc. on November 23, 2005. On August 31, 2012, the board of directors approved the change of the Company's name to MineralRite Corporation. On September 7, 2021, the Issuer was redomiciled in Texas from Nevada. On December 3, 2012, the Company's trading symbol was changed from "RYQG" to "RITE." The Company's principal executive offices are located at 539 W. Commerce Street #1838, Dallas, Texas. The website address is www.mineralrite.co.

The Company has focused on mineral processing, certification, streaming, and sales of base and precious metals. The Company's mandate is to identify and optimize opportunities in the small and junior sized mining industry.

In its Quarterly Financial Reportfor the period ended March 31, 2022, the Company reported assets valued at $215,316.00 and operating expenses of $3337.00. Finally, the Company appears to have an identified business plan and a management team in place. Therefore, I conclude that the Company is not currently a "shell company."

The OTC Markets Group is entitled to rely on the opinion set forth hereinabove when determining whether to permit quotations in the Issuer's Securities in the OTC Markets Group Inc. quotation venue and the OTC Markets Group Inc. is hereby granted permission to post this letter on the OTC Disclosure and News Service for viewing by the public and regulators. However, this letter and the opinions set forth herein may not be quoted in whole or in part, relied upon by any other person or entity, filed with any government agency or otherwise referred to or utilized for any other purpose, without, in each instance, my prior written consent.

Respectfully submitted,

Patrick Ryan Morris

NY Bar ID: 5575501

Admitted: 1st Dep't, SDNY, EDNY, 2d Cir.

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