Mentor Capital Inc.
04/26/2024 | Press release | Distributed by Public on 04/26/2024 15:04
Management Change/Compensation - Form 8-K
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 24, 2024, David G. Carlile resigned from the Audit Committee of the Board of Directors and resigned from the Board of Directors of the Registrant. Mr. Carlile resigned at a meeting of the Board of Directors called in order to remove him from the Registrant's Audit Committee. On April 25, 2024 Mr. Carlile delivered a letter to the Registrant which is attached hereto as Exhibit 1. The Registrant did file its most recent Annual Report without the signature of Mr. Carlile, but substantially disagrees with the other statements made by Mr. Carlile in the attached letter.
On April 24, 2024, the Board of Directors of the Registrant appointed Director Lori Stansfield, CPA, to the Audit Committee of the Board of Directors of the Registrant.