Mr. Derek Macpherson reports

OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR JUNE 2025

Olive Resource Capital Inc. has provided investors an update on its investments for the period ending June 30, 2025.

As of the date of this release, Olive Resource Capital has 106,144,709 common shares outstanding.

Samuel Pelaez, the company's president, chief executive officer, chief information officer and director, stated: "During the second quarter, commodities advanced more cautiously than in the first quarter. However, commodity-related equities outperformed their commodity benchmarks highlighting increasing appeal for the sector from generalist investors. With the strong seasonal period between January and May behind us, at Olive, we are now looking at opportunities more cautiously during the summer. The fall period is typically seasonally weak for the sector, and we are currently investing with that horizon in mind."

Derek Macpherson, the company's executive chairman, stated: "Olive's strong investment performance in 2025 continued in Q2 2025, with the value of our assets increasing in value by approximately 13.6 per cent in the quarter, with value of the portfolio up approximately 33 per cent in 2025 after overhead costs. The reconstruction of our portfolio in 2024, focusing our investments on fewer higher conviction investments, has driven this performance. In H1 2025, core investments in Omai Gold Mines, up 120 per cent, Troilus Gold, up 145 per cent, and Sailfish Royalty, up 82 per cent, were key in driving these strong returns."

About Olive Resource Capital Inc.

Olive is a resource-focused merchant bank and investment company with a portfolio of publicly listed and private securities. The company's assets primarily consist investments in natural resource companies in all stages of development.

We seek Safe Harbor.