Olive Resource Capital Provides Update on Investments for July 2025

Core Viewpoint - Olive Resource Capital Inc. reported a significant increase in the value of its investment portfolio, reflecting strong performance in the natural resource sector despite a rebound in the U.S. dollar [4][6]. Investment Portfolio Summary - The total value of Olive's investment portfolio increased from $6.42 billion on December 31, 2024, to $8.82 billion by July 31, 2025, marking a growth of approximately 37% [2][5]. - Key investments include: - Omai Gold Mines (OMG.v): Increased from $456.72 million to $1.93 billion [2]. - Black Sheep Ventures Inc.: Remained stable at $1.27 billion [2]. - Arizona Sonoran Copper Co. (ASCU): Increased from $255.78 million to $421.80 million [2]. - Bravo Mining (BRVO.v): Increased from $169.10 million to $380 million [2]. - Sailfish Royalty Corp. (FISH.v): Increased from $166.88 million to $319.11 million [2]. - Aurion Resources (AU.v): Increased from $222.08 million to $301.78 million [2]. - Public Equity Liquid Investments and Working Capital rose from $1.42 billion to $1.73 billion [2]. Market Commentary - The U.S. dollar's rebound did not negatively impact the commodity sector, with gold and oil prices advancing [4]. - Copper prices declined due to tariff announcements, creating short-term price dislocations [4]. - The company is adopting a cautious investment approach during the summer, anticipating a typically weak fall period for the sector [4].