Mentor Capital Preferred Shares Now 100% Backed by Gold Bullion

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Gold, Oil and Gas as a Commodity, and Treasuries may be a Safe Haven During Uncertain Financial Times

PLANO, Texas--(BUSINESS WIRE)-- Mentor Capital, Inc. (OTCQB: MNTR) reports that at this time, 100% of its Core Holdings that support its issued and outstanding Preferred Shares are backed by gold bullion set initially at today’s valuation of $100,928 per kilogram. The preferred gold holdings will not bear operating cost. The purpose is to allow accredited investors to immediately invest, and then move into suitable Mentor energy assets and projects selected by management at a normal pace. Upon selection, the energy asset, which will then begin to bear a ratio of associated costs, will be rotated into the Core Holdings and an equal value in gold will be rotated back to Mentor’s operations in a ledger transaction. Since initiated in June 2018, the Series Q Preferred Shares have delivered an average 11.03% compound annual rate of return for its accredited investors over that almost seven-year period. There is a 5% load added to exit by conversion into Mentor Common shares that can then be sold according to public market regulations. The changing common share conversion closing price is based on a date periodically specified by management, which is currently September 17, 2024. This calculates out to a conversion of preferred to common at 10.5 cents per common share.

The Series Q Preferred Shares are not available for non-accredited shareholders or investors, and are not offered for sale to anyone herein. Regardless, the flow of gold backing for assets is an important safety factor for all investors to be aware of. Today, the classes and percentage of Mentor Capital’s assets often considered by those seeking safety are: gold 10%, short-term treasuries 10%, oil and gas as a commodity 42% and cash 4%. As an additional safety factor often considered by value investors, Mentor Capital, Inc.’s common shares trade at less than 40% of book value. Since the announcement of the Mentor Classic Energy Index and Mentor’s move into this sector on May 24, 2023, Mentor Capital’s common share closing price has more than tripled.

About Mentor Capital: The Company believes that a healthy, profitable and growing classic energy sector of oil and gas, coal and uranium are vital to a vibrant United States economy. Mentor seeks to support this hoped for future by bringing the advantages of greater liquidity and higher valuations sometimes found in the public markets to founders seeking exit or growth, to outside investors looking for profit, and ultimately to Mentor Capital Inc. (MNTR) shareholders seeking a good return. Management believes that in this environment the best outcomes for all parties, including Mentor shareholders, will come by providing balanced, fair and creative financial solutions as the Company grows its position in the energy sector.

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: delays in finding and purchasing suitable investments at favorable prices, nonperformance of investments, partner and portfolio difficulties, potential delays in marketing and sales, problems securing additional financing, the potential of competitive products, services, and technologies, difficulties experienced in program development, in recruiting and retaining key and knowledgeable personnel, in protecting intellectual property, and the effects of adverse worldwide economic events, such as government regulations, energy regulations, and inflation. Further information concerning these, and other risks is included in the Company's Form 10-Q and Form 10-K filings, which, along with additional very important details on the Company, can be found here: https://ir.mentorcapital.com/all-sec-filings

The Company undertakes no obligation to update or revise such forward-looking statements to reflect new information, events, or circumstances occurring after the date of this press release.

For further information, contact:

Mentor Capital, Inc.
Chet Billingsley, CEO
(760) 788-4700
Info@MentorCapital.com

Source: Mentor Capital, Inc.

Released April 3, 2025