Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 85

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 85
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, Marcia K. Meyer was appointed by a unanimous vote of our board of directors to fill the Board
seat vacated as a result of her husband’s passing in late December 2024. Ms. Meyer was also appointed to serve as Secretary of
the Company, effective March 28, 2025. Ms. Meyer is the Company’s second largest shareholder after our founder and CEO. She was
a co-owner of a publishing business for thirty years, after spending a decade in the escrow industry. Ms. Meyer graduated from Western
Michigan University with a double-major in biology and psychology.

Subsequent
to year-end, on March 31, 2025, Mentor Capital, Inc. purchased royalty interests from Maven Royalty 2, LP, a Delaware limited
partnership, for $504,000.
The royalty interests include various non-participating royalty interests in seven (7) properties, with an additional royalty
interest of 0.042942%
in the Elias 16-9 Unit 2 Lease, and various royalty interests (producing minerals) in four (4) properties, all located in Martin County,
Texas, containing a total of forty-one (41) producing wells.

F-42