Mr. Samuel Pelaez reports

OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR NOVEMBER 2025

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

Samuel Pelaez, the company's president, chief executive officer, chief information officer and director, stated: "November was a strong month for the commodity complex. Gold and copper rose strongly, with the equities outperforming the commodity. In oil, despite negative sentiment for the commodity, the equities posted strong positive performance. With strong global liquidity continuing and the weak seasonal fall period coming to an end, at Olive, we were net buyer of equities for the month. We are looking ahead to the first months of the new year, which are historically associated with strong performance for the commodity complex."

Derek Macpherson, the company's executive chairman, stated: "With copper and gold rallying, Olive's portfolio rallied, erasing the small losses from October and moving Olive's investment performance into positive territory for Q4 2025 despite a challenging October. Olive is now up 126 per cent on its investments in 2025."

Normal course issuer bid (NCIB)

As of the date of this news release, the company holds one million common shares in treasury pending cancellation.

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

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.