Mentor Capital, Inc. Appoints Chet Billingsley as Principal Financial Officer
August 12, 2021 at 10:30 pm
Share
On August 7, 2021, the Board of Directors of Mentor Capital, Inc. (the "Company") appointed Chet Billingsley, a Director of the Company and the Company's Chief Executive Officer, to serve as the Company's principal financial officer. Mr. Billingsley, 68, has been the Company's Chief Executive Officer and Director since 1994. On August 15, 2009, Mr. Billingsley was elected Chairman of the Board of Directors, and on May 6, 2017, Mr. Billingsley was appointed a member of the Company's Audit Committee.
Mentor Capital, Inc. is a public energy company. The Company targets the classic energy sectors of oil and gas, coal, uranium, and their related operations, with already established cash flows, especially through royalty payments. Its classic energy segment includes the fair value of securities investments in oil and gas through Exxon Mobil Corp. (XOM) stock, Occidental Petroleum Corp. (OXY) stock, and Chevron Corp. (CVX) stock, uranium through Cameco Corp. (CCJ) stock, and coal through Arch Resources, Inc. (ARCH) stock. It maintains a diverse and opportunistic acquisition focus. It also invests in its larger pre-initial public offering (IPO)-related acquisitions and fundings. Its subsidiaries include Mentor IP, LLC (MCIP), Mentor Partner I, LLC, (Partner I), Mentor Partner II, LLC (Partner II), and TWG, LLC (TWG).