Olive Resource portfolio value hits $10.2M, up 51% YTD

Executive Summary

• Olive Resource Capital Inc. provided an investment update for the period ending August 31, 2025, reporting a 16% increase in asset value for the month and a 51% year-to-date gain.
• The company attributes its outperformance to a concentration in high-conviction gold investments, including Omai Gold Mines, Arizona Sonoran, and Aurion Resources, which benefited from gold reaching all-time highs amid U.S. dollar weakness.
• Management noted a cautious investment approach due to seasonal weakness in commodities, while maintaining a diversified portfolio ready for a broader commodity bull market.

Key Details

• Period Covered: Investments update for the period ending August 31, 2025.
• Share Count: 106,144,709 common shares outstanding as of the release date.
• Performance Metrics:
  • Monthly asset increase: 16% (August 2025).
  • Year-to-date asset increase: 51%.
• Market Context:
  • U.S. dollar was under pressure following comments regarding potential Federal Reserve interest rate reductions.
  • Commodities were generally flat, except for gold, which rose to fresh all-time highs.
  • Gold equities drastically outperformed the underlying commodity due to accelerated money flows into the sector.
• Investment Strategy & Holdings:
  • Portfolio is currently weighted toward gold but remains diversified across all commodities.
  • Key high-conviction investments cited: Omai Gold Mines, Arizona Sonoran, and Aurion Resources.
  • Strategy involves cautious investing during the typically weak fall season for commodities.
  • Long-term outlook remains bullish on a broad commodity market.

Notable Quotes

• Samuel Pelaez (President, CEO, CIO, Director): "The U.S. dollar was under pressure in August following comments of a possible lowering of interest by the Fed. Commodities themselves were flat, with the exception of gold which rose to fresh all-time highs in response to U.S. dollar weakness. Gold equities drastically outperformed the commodity, as money flows into the sector accelerated. The fall period is typically seasonally weak for the commodities sector, and at Olive we are currently investing more cautiously into the season."
• Derek Macpherson (Executive Chairman): "Olive continues to deliver strong investment performance, with the companies, assets up 16 per cent in August alone and up 51 per cent year to date. This outperformance is driven by our concentration in high conviction investments in companies, like Omai Gold Mines, Arizona Sonoran and Aurion Resources. While overall the portfolio is weighted toward gold today, we continue to maintain a diversified portfolio and look at opportunities in all commodities, to be ready for the next leg in what we believe to be a broad commodity bull market."