Mr. Samuel Pelaez reports

OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR OCTOBER 2025

Olive Resource Capital Inc. has provided investors an update on its investments for the period ending Oct. 31, 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 investment officer and director, stated: "October was a volatile month. History confirms that October is the month with the highest volatility, and this year proved no exception. In spite of this, gold and copper prices rose strongly for the month, with oil prices posting a minor decline. Equities generally tracked the commodities, albeit with significant intramonth volatility spikes -- except for gold equities which were negative for the month, following two strong months of outperformance. As we near the end of the weak seasonal fall period, at Olive we are actively scouting opportunities for investment into the end of the year. The first months of the new year are historically associated with strong performance for the commodity complex."

Derek Macpherson, the company's executive chairman, stated: "Despite a challenging market, and some of Olive's best-performing stocks in 2025 pulling back, Olive was able to weather the volatility, with investments only down 4.9 per cent, as other investments outperformed. This speaks to the quality of Olive's overall portfolio."

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 consist primarily of investments in natural resource companies in all stages of development.

We seek Safe Harbor.