Olive Resource Capital Announces Annual General Meeting Results

Rhea-AI Summary

Olive Resource Capital (TSXV: OC) held its annual general and special meeting (AGM) on September 19, 2025, in Toronto, Ontario. Shareholders approved all proposed motions, including the re-election of five incumbent directors, re-appointment of McGovern Hurley LLP as auditors, and re-approval of the company's long-term incentive plan. The meeting saw representation of 15,644,627 common shares either in person or by proxy.

Toronto, Ontario--(Newsfile Corp. - September 22, 2025) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to announce the results of the Company's annual general and special meeting held in Toronto, Ontario on September 19, 2025 (the "AGM").

The shareholders of the Company approved all motions put forth at the AGM, including the re-election of the five incumbent directors, the re-appointment of McGovern Hurley LLP as auditors of the Company and the re-approval of the long-term incentive plan of the Company. A total of 15,644,627 common shares of the Company's issued and outstanding shares were represented in person or by proxy at the AGM.

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.

For further information, please contact:

Derek Macpherson, Executive Chairman at derek@olive-resource.com or by phone at (416)294-6713 or Samuel Pelaez, President, CEO & CIO at sam@olive-resource.com or by phone at (202)677-8513. Olive's website is located at www.olive-resource.com.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way approved nor disapproved the information contained herein.

Cautionary Note Regarding Forward-Looking Statements: This press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should", "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.

This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Olive to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements contained in this news release, other than statements of historical fact, are to be considered forward-looking, including, without limitation, statements concerning Olive's intended future disclosure practices. Although Olive believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: past success or achievement does not guarantee future success; negative investment performance; downward market fluctuations; downward fluctuations in commodity prices and changes in the prices of commodities in general; uncertainties relating to the availability and costs of financing needed in the future; interest rate and exchange rate fluctuations; changes in economic and political conditions that could negatively affect certain commodity prices; and those risks set out in the Company's public documents filed on SEDAR+. Accordingly, readers should not place undue reliance on forward-looking information. Olive does not undertake to update any forward-looking information except in accordance with applicable securities laws.

This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. The information provided in this recording has been obtained from sources believed to be reliable and is believed to be accurate at the time of publishing but we do not represent that it is accurate or complete and it should not be relied upon as such.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267328

FAQ

When did Olive Resource Capital (TSXV: OC) hold its 2025 AGM?

Olive Resource Capital held its annual general and special meeting on September 19, 2025 in Toronto, Ontario.

What were the key approvals at Olive Resource Capital's 2025 AGM?

Shareholders approved three key items: re-election of five incumbent directors, re-appointment of McGovern Hurley LLP as auditors, and re-approval of the company's long-term incentive plan.

How many shares were represented at Olive Resource Capital's 2025 AGM?

A total of 15,644,627 common shares were represented either in person or by proxy at the AGM.

Who was appointed as the auditor for Olive Resource Capital at the 2025 AGM?

McGovern Hurley LLP was re-appointed as the company's auditors at the AGM.