Mr. Samuel Pelaez reports

OLIVE RESOURCE CAPITAL PROVIDES UPDATE ON INVESTMENTS FOR AUGUST 2026

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

Samuel Pelaez, the company's president, chief executive officer, chief investment officer and director, stated: "August was an excellent month for the natural resource complex. Gold, copper and oil posted strong advances for the month. However, the action was in the equities, which amply outperformed their commodity references. These results can be partly attributed to the U.S.-dollar index and volatility references declining as investors reacted to U.S. officials' actions to suppress long-term yields. At Olive, we continue to be active in deploying capital in companies we consider having near-term tangible catalysts."

Derek Macpherson, the company's executive chairman, stated: "August was another strong month for Olive's investment portfolio, with investments up approximately 8 per cent. Olive is continuing to have a strong year, despite market volatility, with investments up approximately 22 per cent. Despite being net buyers, in July and August, because of the recent financing, Olive continues to have an above-average cash position. The plan is to continue taking advantage of the short-term market volatility to deploy capital in companies that have strong longer-term fundamentals."

Normal course issuer bid

During the month of August, the company did not repurchase 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 Resource has 136,463,754 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.