Mr. Samuel Pelaez reports

OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR JANUARY 2026

Olive Resource Capital Inc. has provided investors an update on its investments for the period ended Jan. 31, 2026.

Samuel Pelaez, the company's president, chief executive officer, chief investment officer and director, stated: "Commodities advanced broadly during the month of January with the U.S. dollar weakening. Commodity equities performed in line with their respective reference commodity, and, in some cases, they outperformed. At Olive, we are 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: "Despite a sharp sell-off in precious metals and commodity-focused equities on the last trading day of the month, Olive was still able to post a solid performance in January with the investment portfolio, posting a month-over-month gain, in line with December's performance. We believe this speaks to the quality of the investments in the portfolio we have been able to assemble."

Normal course issuer bid

Pursuant to the NCIB, the company repurchased one million shares during the month of January, 2026. As of the date of this release, the company holds two million common shares in treasury pending cancellation.

As of the date of this release, Olive Resource 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.