Mr. Derek Macpherson reports

OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR JULY 2026

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

Samuel Pelaez, the company's president, chief executive officer, chief investment officer and director, stated: "The month of July saw a continuation of the dynamics of the first half of 2026. Namely, crude oil and copper were the best performing major commodities, with sharp advances during the month. Precious metals rebounded after the U.S. dollar dropped after being rejected from a strong technical resistance level. At Olive, we continue to be active in deploying capital, albeit cautiously and in companies we consider to have near-term tangible catalysts."

Normal course issuer bid

During the month of July, the company repurchased 30,000 common shares pursuant to the NCIB. As of the date of this release, the company holds 4,046,000 common shares in treasury pending cancellation.

As of the date of this release, Olive has 107,207,209 common shares outstanding inclusive of the shares in treasury pending cancellation.

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.