Mentor Capital Buys Back 11.6% of Its Outstanding Stock
MENTOR CAPITAL INC (MNTR)
NASDAQ:AMEX Investor Relations:
mentorcapital.com/portfolio
Company Research
Source: Business Wire
Remaining Net Cash Exceeds 200% of Share Price PLANO, Texas--(BUSINESS WIRE)--Mentor Capital, Inc. (OTCQB: MNTR) reports that the Company has thus far repurchased 2,855,712 of the Company’s previously outstanding shares through independent broker public market purchases. This ongoing stock repurchase program is intended to return cash from operating and business sale activities to shareholder investors and is Mentor’s third such stock buyback.Mentor is debt free and has net cash and equivalents which approximately equal twice the combined share price of all remaining Mentor Capital outstanding shares. Mentor seeks to apply these funds and others, to support owners of profitable private fossil fuel, uranium, and related companies or their royalties. Owners of these sort of energy ventures that wish to transition or continue to direct their business, with the added advantages of public market participation, are encouraged to contact Mentor directly to talk to our senior management.Ab
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