Mr. Derek Macpherson reports
OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR FEBRUARY 2026
Olive Resource Capital Inc. has provided investors an update on its investments for the period ended Feb. 28, 2026.
Samuel Pelaez, the company's president, chief executive officer, chief investment officer and director, stated: "Commodities advanced broadly during the month of February, in spite of the U.S. dollar staging a minor rebound. Commodity equities performed in line with their respective reference commodity, and, in some cases, they outperformed. At Olive, we have raised some cash in anticipation of volatile events, however, remain well deployed into the first months of the new year, which are historically associated with strong seasonal performance for the entire commodity complex."
Derek Macpherson, the company's executive chairman, stated: "February was another strong month of investment performance for Olive, with assets now exceeding $20-million. Top performers in our portfolio include Omai Gold Mines, West Point Gold and Arizona Sonoran. Following month-end, it was exciting to see that one of the companies in Olive's portfolio that we expected to be acquired, Arizona Sonoran, was. We anticipate that this could just be the beginning of the M&A [merger and acquisition] cycle."
Normal course issuer bid (NCIB)
Pursuant to the NCIB, the company repurchased 116,500 shares during the month of February, 2026. As of the date of this release, the company holds 2,116,500 common shares in treasury pending cancellation.
As of the date of this release, Olive Resource Capital has 106,444,709 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.
© 2026 Canjex Publishing Ltd. All rights reserved.