Olive Resource Capital Provides Update on Investments for October 2025

Rhea-AI Summary

Olive Resource Capital (TSXV:XTERF) provided an investment update for the period ending October 31, 2025. The company reported total portfolio value rising from $6.42M at Dec 31, 2024 to $13.50M as of Oct 31, 2025, driven primarily by stock price appreciation in public equity holdings.

Key public holdings showed large gains (for example, Omai Gold Mines increased to $2.95M and Sterling Metals to $1.05M), while liquid public equity and working capital rose to $2.47M. The company has 106,144,709 common shares outstanding. Management noted October volatility, commodity price moves, and active scouting for year‑end investment opportunities.

Positive

• Total portfolio value increased from $6.42M to $13.50M (Dec 31, 2024 to Oct 31, 2025)
• Omai Gold Mines position rose to $2.95M (from $456,720 Dec 31, 2024)
• Sterling Metals position rose to $1.05M (from $85,906 Dec 31, 2024)
• Public equity liquid investments and working capital increased to $2.47M (from $1.42M Dec 31, 2024)

Negative

• Management reported investments were "only down 4.9%" amid recent pullbacks
• Gold equity holdings were negative in October 2025 despite metals strength
• October exhibited elevated market volatility (management noted October as the month with the highest volatility)

Toronto, Ontario--(Newsfile Corp. - November 10, 2025) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to provide investors an update on its investments for the period ending October 31, 2025.

Table 1: Olive's Investment Portfolio

Name	Ticker	Sector	Category	(Audited) Value Dec 31, 2024	(Unaudited) Value Jun 30, 2025(1)	(Unaudited) Value Sep 30, 2025(1)
Omai Gold Mines Corp.(2)	OMG.v	Precious Metals	Public Equity	$456,720	$1,376,650	$2,953,540
Black Sheep Ventures Inc.	Private	Real Estate	Private Equity & Convert. Debenture	$1,265,936	$1,265,936	$1,265,936
Sterling Metals Corp. (inc. Warrants)	SAG.c	Base Metals	Public Equity	$85,906	$363,177	$1,052,800
Arizona Sonoran Copper Co.	ASCU	Base Metals	Public Equity	$255,780	$426,760	$750,500
Troilus Gold Corp. (inc. Warrants)	TLG	Precious Metals	Public Equity	$190,800	$516,025	$701,460
Aurion Resources Ltd.	AU.v	Precious Metals	Public Equity	$222,075	$271,220	$418,080
Sailfish Royalty Corp.	FISH.v	Precious Metals	Public Equity	$166,888	$281,354	$369,145
Bravo Mining Corp.	BRVO.v	Precious Metals	Public Equity	$169,100	$348,440	$365,000
Aquitaine Metals Corp.	Private	Precious Metals	Private Equity	-	$253,389	$323,190
Public Equity Liquid Investments and Working Capital (3)				$1,417,143	$1,684,442	$2,470,492
Other Public Equity Fundamental Investments Incl. Warrants (4)				$1,378,797	$1,215,525	$1,891,578
Other Private Equity, Loans, & Convertible Debenture Investments				$809,979	$597,880	$940,867
Total Value				$6,419,124	$8,600,797(5)	$13,502,589(5)

 

1. For publicly listed investments traded on recognized exchanges, valuation is based on closing trading prices. For private equity investments, valuation is per the most recent financial statements. For Convertible Debentures, valuation is per the most recent financial statements, adjusted for interest accruals and convertibility value.
2. Derek Macpherson, Executive Chairman of Olive Resource Capital is a Director of this issuer.
3. Olive defines Liquid Investments as investments whose position can be liquidated in less than one day's average trading volume for that security. This measure also includes cash and cash equivalents; but does not include adjustments for working capital and liabilities.
4. Out of the Money Warrants are valued using Black Scholes with 35% volatility, and 3% interest rate. In the Money Warrants are valued at their intrinsic value.
5. The increase in value from December 31, 2024 to October 31, 2025 is primarily as a result of stock price appreciation of the investments.

As of the date of this release Olive Resource Capital Inc. has 106,144,709 common shares outstanding.

Samuel Pelaez, the Company's President, CEO, CIO, and Director stated: "October was a volatile month. History confirms that October is the month with the highest volatility, and this year proved no exception. In spite of this, gold and copper prices rose strongly for the month, with oil prices posting a minor decline. Equities generally tracked the commodities, albeit with significant intra-month volatility spikes - except for gold equities which were negative for the month, following two strong months of outperformance. As we near the end of the weak seasonal Fall period, at Olive we are actively scouting opportunities for investment into the end of the year. The first months of the new year are historically associated with strong performance for the commodity complex."

Derek Macpherson, the Company's Executive Chairman stated: "Despite a challenging market, and some of Olive's best performing stocks in 2025 pulling back, Olive was able to weather the volatility, with investments only down 4.9%, as other investments outperformed. This speaks to the quality of Olive's overall portfolio."

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/273809

FAQ

What portfolio value did Olive Resource Capital report as of October 31, 2025 for XTERF?

Olive reported a total portfolio value of $13,502,589 as of October 31, 2025.

How much did Olive's total portfolio change from Dec 31, 2024 to Oct 31, 2025 for XTERF?

Total portfolio value rose from $6,419,124 to $13,502,589 over that period.

Which Olive holdings showed the largest increases through Oct 31, 2025?

Notable increases included Omai Gold Mines to $2.95M and Sterling Metals to $1.05M from their Dec 31, 2024 values.

How many Olive Resource Capital common shares are outstanding (XTERF)?

Olive has 106,144,709 common shares outstanding as of the release date.

What did management say about market conditions affecting XTERF in October 2025?

Management said October was volatile, with commodity strength but intra-month equity volatility and gold equities negative for the month.