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Olive Resource Capital Reports Record H1 2025 Investment Performance and Net Income

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Olive Resource Capital (TSXV: OC) reported exceptional financial results for H1 2025, achieving record net income of $2,035,443 ($0.02 per share). The company's Q2 2025 performance was particularly strong, with income of $928,942 ($0.01 per share) and an investment portfolio valued at $8.6 million.

The company's portfolio value increased by 14.4% in Q2 2025, while NAV per share grew by 12.5%. Notable investments include Omai Gold Mines Corp., which saw significant value appreciation, and Black Sheep Ventures Inc. The company maintains a diversified portfolio across precious metals, base metals, real estate, and royalties.

Management remains cautiously optimistic about commodity market tailwinds but plans to invest more conservatively heading into Fall due to historical seasonal vulnerabilities.

Olive Resource Capital (TSXV: OC) ha riportato risultati finanziari eccezionali per il primo semestre 2025, con un utile netto record di $2.035.443 (equivalente a $0,02 per azione). In particolare il secondo trimestre 2025 è stato molto solido, con un utile di $928.942 ($0,01 per azione) e un portafoglio di investimenti valutato $8,6 milioni.

Il valore del portafoglio è aumentato del 14,4% nel Q2 2025, mentre il NAV per azione è cresciuto del 12,5%. Tra le partecipazioni di rilievo figurano Omai Gold Mines Corp., che ha registrato un apprezzamento significativo, e Black Sheep Ventures Inc. La società mantiene un portafoglio diversificato in metalli preziosi, metalli di base, immobiliare e royalty.

La direzione resta cautamente ottimista sui possibili vantaggi dei mercati delle materie prime, ma intende adottare uno stile di investimento più prudente in vista dell'autunno, a causa di vulnerabilità stagionali storiche.

Olive Resource Capital (TSXV: OC) informó resultados financieros excepcionales en el primer semestre de 2025, con un ingreso neto récord de $2.035.443 ($0,02 por acción). El segundo trimestre de 2025 fue especialmente fuerte, con ingresos de $928.942 ($0,01 por acción) y una cartera de inversiones valorada en $8,6 millones.

El valor de la cartera aumentó un 14,4% en el segundo trimestre de 2025, mientras que el NAV por acción creció un 12,5%. Entre las inversiones destacadas están Omai Gold Mines Corp., que experimentó una apreciación importante, y Black Sheep Ventures Inc. La compañía mantiene una cartera diversificada en metales preciosos, metales básicos, bienes raíces y regalías.

La dirección se muestra cautelosamente optimista respecto a los vientos favorables en los mercados de materias primas, pero planea invertir de forma más conservadora de cara al otoño debido a vulnerabilidades estacionales históricas.

Olive Resource Capital (TSXV: OC)� 2025� 상반� 동안 뛰어� 재무 실적� 보고했으�, 순이익은 기록적인 $2,035,443(주당 $0.02)� 기록했습니다. 특히 2025� 2분기� 강력� 성과� 보였으며, 수익은 $928,942(주당 $0.01)였� 투자 포트폴리� 가치는 $8.6백만이었습니�.

포트폴리� 가치는 2025� 2분기� 14.4% 증가했고 주당 순자�(NAV)은 12.5% 상승했습니다. 주요 투자로는 가치가 크게 상승� Omai Gold Mines Corp.와 Black Sheep Ventures Inc.가 포함됩니�. 회사� 귀금속, 기초금속, 부동산 � 로열티에 걸쳐 다각화된 포트폴리오를 유지하고 있습니다.

경영진은 원자� 시장� 긍정� 흐름� 대� 신중� 낙관하고 있지�, 계절� 취약성이 있는 과거 경향� 고려� 가을을 앞두고는 보다 보수적인 투자 방식� 계획하고 있습니다.

Olive Resource Capital (TSXV: OC) a publié des résultats financiers exceptionnels pour le premier semestre 2025, réalisant un bénéfice net record de $2 035 443 ($0,02 par action). Le deuxième trimestre 2025 a été particulièrement solide, avec un bénéfice de $928 942 ($0,01 par action) et un portefeuille d'investissements évalué à $8,6 millions.

La valeur du portefeuille a augmenté de 14,4% au T2 2025, tandis que la VNI par action a progressé de 12,5%. Parmi les participations notables figurent Omai Gold Mines Corp., qui a vu sa valeur s'apprécier fortement, et Black Sheep Ventures Inc. La société conserve un portefeuille diversifié couvrant les métaux précieux, les métaux de base, l'immobilier et les redevances.

La direction reste prudemment optimiste quant aux vents favorables des marchés des matières premières, mais prévoit d'adopter une approche d'investissement plus conservatrice à l'approche de l'automne en raison de vulnérabilités saisonnières historiques.

Olive Resource Capital (TSXV: OC) meldete herausragende Finanzergebnisse für das erste Halbjahr 2025 und erzielte einen Rekordnettogewinn von $2.035.443 (entsprechend $0,02 je Aktie). Insbesondere das zweite Quartal 2025 war stark: der Gewinn belief sich auf $928.942 ($0,01 je Aktie) und das Investmentportfolio wurde mit $8,6 Mio. bewertet.

Der Portfoliowert stieg im Q2 2025 um 14,4%, während der NAV je Aktie um 12,5% zulegte. Hervorzuheben sind Beteiligungen wie Omai Gold Mines Corp., die deutlich an Wert gewonnen hat, sowie Black Sheep Ventures Inc. Das Unternehmen hält ein breit diversifiziertes Portfolio in Edelmetallen, Basismetallen, Immobilien und Royalties.

Das Management bleibt vorsichtig optimistisch in Bezug auf Rückenwind in den Rohstoffmärkten, plant jedoch aufgrund historischer saisonaler Schwächen, im Herbst konservativer zu investieren.

Positive
  • Record net income of $2.03M for H1 2025, showing strong financial performance
  • Investment portfolio value increased 14.4% in Q2 2025
  • NAV per share grew 12.5% during Q2 2025
  • Significant value appreciation in key investments like Omai Gold Mines Corp.
  • Strong unrealized gain on investments of $968,523 for Q2 2025
Negative
  • Management signals more cautious investment approach due to potential seasonal vulnerabilities
  • Total liabilities increased from $55,796 in Q1 2025 to $202,259 in Q2 2025

Toronto, Ontario--(Newsfile Corp. - August 27, 2025) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to announce financial results for the three and six months ended June 30, 2025.

Highlights:

  • As a result of strong investment performance Olive reported record Net Income of $2,035,443 or $0.02 per share for the six months ended June 30, 2025. For the three months ended June 30, 2025 the Company reported income of $928,942 or $0.01 per share.
  • Investment Portfolio valued at $8,600,797 for June 30, 2025. Investment Portfolio value increased by 14.4%, and NAV per share increase 12.5% respectively during Q2 2025.

Samuel Pelaez, the Company's President, CEO, CIO, and Director stated: "The second quarter offered a continuation of the strong seasonal trend for the commodity complex. Our major investments captured this wave favourably, allowing us to deliver record net income of $2 million for the year-to-date period. We continue to believe the tailwinds for the commodity complex can last. However, we are investing in a more cautious way into the Fall, which is historically more vulnerable to seasonal reversals."

Table 1: Olive's Significant Investments

NameTickerSectorCategory (Audited)
Value

Dec 31,
2024
(Unaudited) Value
Jun 30,
2025
(1)
(Unaudited) Value
July 31,
2025
(1)
Omai Gold Mines
Corp.(2)
OMG.vPrecious
Metals
Public Equity $456,720 $1,376,650 $1,927,310
Black Sheep Ventures
Inc.
PrivateAG˹ٷ
Estate
Private Equity &
Convertible Debenture
$1,265,936 $1,265,936$1,265,936
Arizona Sonoran
Copper Co.
ASCUBase
Metals
Public Equity $255,780 $426,760$421,800
Bravo Mining Corp.BRVO.vPrecious
Metals
Public Equity$169,100$348,440$380,000
Sailfish Royalty Corp.FISH.vRoyaltyPublic Equity$166,888$281,354$319,114
Aurion Resources LtdAU.vPrecious
Metals
Public Equity $222,075 $271,220 $301,780
Public Equity Liquid Investments and Working Capital (3) $1,417,143 $1,684,442$1,728,893
Public Equity Fundamental Investments Incl. Warrants (4) $1,655,503$2,094,727$1,552,325
Other Private Equity, Loans, & Convertible Debenture Investments$809,979 $851,268$926,874
Total $6,419,124 $8,600,797(5)$8,824,032(5)

 

1. For publicly listed investments traded on recognized exchanges, valuation is based on closing 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 adjust for working capital.
4. Out of the Money Warrants are valued using Black Scholes with 35% volatility, 3% interest rate. In the Money Warrants are valued at their intrinsic value.
5. The increase in value from December 31, 2024 to June 30, 2025 and July 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.

Q2 2025 Financial Results Summary

Operational Summary

The Company's net income totaled $928,942 for the three months ended June 30, 2025, with basic and diluted income per share of $0.01 This compares with a net gain of $100,435 with basic and diluted income per share of $0.00 for the three months ended June 30, 2024.

The increase in income year on year is primarily the result of the Company's increase in unrealized gain on investments. The unrealized gain for the three months ended June 30, 2025 was $968,523.

Estimation of Net Asset Value per Share

Net asset value per share ("NAV") is a non-IFRS financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies. There is no comparable IFRS financial measure presented in the Company's consolidated financial statements and thus no applicable quantitative reconciliation for such non-IFRS financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company's performance and may assist in the evaluation of the Company's business relative to that of its peers. This data is furnished to provide additional information and does not have any standardized meaning prescribed by IFRS. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS and is not necessarily indicative of other metrics presented in accordance with IFRS. The existing NAV of the Company is not necessarily predictive of the Company's future performance or the NAV of the Company as at any future date.

Period
Ended

Total
Assets
Total
Liabilities
Net
Assets
Shares
Outstanding
NAV
per Share
Jun 30, 2025$8,625,582$202,259$8,423,323106,144,709$0.079
Mar 31, 2025$7,547,141$55,796$7,491,345106,144,709$0.070
Dec 31, 2024$6,452,049$70,207$6,381,842109,174,709$0.059
Sep 30, 2024$6,960,407$150,393$6,810,014109,174,709$0.062
Jun 30, 2024$6,817,822$198,932$6,618,890109,174,709$0.061
Mar 31, 2024$6,793,179$213,458$6,579,721109,174,709$0.060
Dec 31, 2023$7,128,257$158,320$6,969,937109,174,709$0.064
Sep 30, 2023$7,487,385$172,925$7,314,460111,768,709$0.065
Jun 30, 2023$7,515,703$209,469$7,306,234111,768,709$0.065
Mar 31, 2023$7,376,244$202,588$7,173,656111,768,709$0.064
Dec 31, 2022$6,727,183$420,484$6,309,699110,768,709$0.057

 

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 [email protected] or by phone at (416)294-6713 or Samuel Pelaez, President, CEO & CIO at [email protected] or by phone at (202)677-8513. Olive's website is located at .

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

FAQ

What was Olive Resource Capital's (TSXV: OC) net income for H1 2025?

Olive Resource Capital reported record net income of $2,035,443 ($0.02 per share) for the six months ended June 30, 2025.

How much did Olive Resource Capital's investment portfolio value increase in Q2 2025?

The investment portfolio value increased by 14.4% during Q2 2025, with NAV per share growing by 12.5%.

What is the current value of Olive Resource Capital's investment portfolio?

As of June 30, 2025, Olive Resource Capital's investment portfolio was valued at $8,600,797.

What are Olive Resource Capital's major investments as of Q2 2025?

Major investments include Omai Gold Mines Corp. ($1.38M), Black Sheep Ventures Inc. ($1.27M), and Arizona Sonoran Copper Co. ($427K).

What is Olive Resource Capital's current NAV per share?

As of June 30, 2025, Olive Resource Capital's NAV per share was $0.079, up from $0.070 in March 2025.
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