Mr. Derek Macpherson reports

OLIVE RESOURCE CAPITAL DELIVERS RECORD INVESTMENT PERFORMANCE IN 2025; PROVIDES UPDATE ON INVESTMENTS FOR DECEMBER 2025

Olive Resource Capital Inc. has provided investors with an update on its investments for the period ending Dec. 31, 2025.

Derek Macpherson, the company's executive chairman, stated: "Olive's investors are now reaping the rewards of the work completed in 2022 and 2023 to reposition the company's portfolio. The company's assets rose 151 per cent in 2025, and the share price increased 240 per cent in 2025. Strong performance across the commodity complex in December resulted in a strong finish to the year strong, with assets up 11.2 per cent for the month."

Samuel Pelaez, the company's president, chief executive officer and chief investment officer and a director, stated: "December offered a continuation of the year's trends. Gold and copper rose strongly, with the equities outperforming the commodity. In oil, both commodity and equities dropped. For the full year, gold led the major commodity complex with a record gain of 65 per cent; copper played catch-up with a 41-per-cent gain; and oil dropped for a third consecutive year, posting an 18-per-cent retracement. At Olive, we are well deployed into the first months of the new year, which are historically associated with strong performance for the entire commodity complex."

Normal course issuer bid (NCIB)

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

As of the date of this release, Olive Resource Capital 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.