Mentor Capital Cash Exceeds Share Price and a Second Stock Buyback is Authorized - Seite 2

The Company's shares finished the year at a closing price of $0.062 per share, representing a market capitalization of $1,540,413 compared to a 2022 year-end closing price of $0.050 per share and a corresponding market capitalization of $1,147,068. The Company finished the year with a book value of $4,393,717 or $0.178 per share, compared to a book value of $1,726,099 or $0.075 per share at 2022 year-end.

The Series Q Convertible Preferred Stock, for accredited investors, first valued at $10,000 per share on May 30, 2018, was valued at $20,843 per share on December 31, 2023, which is an approximate 13.4% average compound annual rate of return over each of the last six years.

The Form 10-K may be referenced through the SEC's EDGAR system at: https://www.sec.gov/edgar/searchedgar/companysearch.html or at the Company's website: www.MentorCapital.com, where additional important information for investors can be found.

About Mentor Capital: As an operating company, Mentor seeks to acquire already cash flowing oil & gas, uranium, and coal businesses, assets and royalties by applying the residual $3,000,000 in current and upcoming cash, plus Mentor public stock, coupled with future incoming equity and debt, if any. Mentor looks to support operators, owners and investors who, in addition to cash, wish to have the option to be able to continue to operate and, in this way, capitalize on the best choice of continuing to harvest production or to participate in public stock when that is more lucrative.

The Company is managed by Chairman and CEO Chet Billingsley (71), who founded Mentor Capital first as an acquisition partnership in 1985. Mr. Billingsley's interest is reported at 7.51% on a fully diluted basis as of December 31, 2023, with other directors and officers holding an additional 6.72% on a fully diluted basis.

This press release is neither an offer to sell nor a solicitation of offers to purchase securities.

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of federal securities laws, including statements concerning financial projections, financing activities, corporate combinations, product development activities, and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance and are sometimes identified by words of condition such as "should," "could," "expects," "may," "intends," "seeks," "looks," "moves," or "plans" and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results or direction to differ materially from those intended or anticipated. Such risks include, without limitation: nonperformance of investments, partner and portfolio difficulties, potential delays in marketing and sales, problems securing financing, the potential of competitive products, services, and technologies, difficulties experienced in product development, in recruiting and retaining key and knowledgeable personnel, in protecting intellectual property, and the effects of adverse worldwide economic events, such as the coronavirus recovery, government regulations, ESG challenges, energy regulations, and inflation. Further information concerning these, and other risks is included in the Company's Form 10-K filing, which, along with additional very important details on the Company, can be found here: https://ir.mentorcapital.com/all-sec-filings