Olive Resource Capital Provides Update on Investments for April 2026
Rhea-AI Summary
Olive Resource Capital (TSXV: OC / XTERF) provided an investment update for the period ending April 30, 2026. The company reports a total portfolio value of $19,731,191 as of April 30, 2026, up from $16,473,208 at December 31, 2025. Valuations use closing prices for public securities and most recent financial statements for private holdings.
Top line holdings include Omai Gold Mines at $5,806,960 and cash/liquid public equity at $4,126,123. Management notes commodity equities underperformed references and that gross exposure to commodity equities was reduced.
AI-generated analysis. Not financial advice.
Positive
- Total portfolio value increased to $19,731,191 (Apr 30, 2026)
- Omai Gold Mines holding valued at $5,806,960 on Apr 30, 2026
- Liquid public equity and cash totaled $4,126,123 on Apr 30, 2026
- Treasury shares pending cancellation: 4,076,500 common shares
Negative
- Commodity equities underperformed their commodity references in April
- Portfolio performance recovery was driven by a few names (Aurion, Omai), indicating concentration
- Management reduced gross exposure to commodity equities due to global instability
Toronto, Ontario--(Newsfile Corp. - May 4, 2026) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to provide investors an update on its investments for the period ending April 30, 2026.
Table 1: Olive's Investment Portfolio
| Name | Ticker | Sector | Category | (Audited) Value | (Unaudited) Value | (Unaudited) Value |
| Dec 31, 2025(1) | Mar 31, 2026(1) | Apr 30, 2026(1) | ||||
| Omai Gold Mines Corp.(2) | OMG.v | Precious Metals | Public Equity | |||
| Black Sheep Ventures Inc. | Private | Real Estate | Private Equity & Conv. Debenture | |||
| Arizona Sonoran Copper Co. | ASCU | Base Metals | Public Equity | |||
| Goldsky Resources Corp. (inc. Warrants) | GSKR.v | Precious Metals | Public Equity | |||
| Sun Valley Minerals Inc.(2) | Private | Precious Metals | Private Equity | |||
| West Point Gold Corp.(2) | WPG.v | Precious Metals | Public Equity | |||
| Bravo Mining Corp. | BRVO.v | Precious Metals | Public Equity | |||
| GeoPark Ltd. | GPRK | Oil & Gas | Public Equity | |||
| Freehold Royalties Ltd. | FRU | Royalty | Public Equity | |||
| Troilus Gold Corp (inc. Warrants) | TLG | Precious Metals | Public Equity | |||
| Other Public Equity Liquid Investments and Cash Equivalents (3) | ||||||
| Other Public Equity Fundamental Investments Incl. Warrants (4) | ||||||
| Other Private Equity, Loans, & Convertible Debenture Investments | ||||||
| Total | ||||||
- 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.
- Derek Macpherson, Executive Chairman of Olive Resource Capital is a Director of this issuer (Omai; West Point). Samuel Pelaez, CEO of Olive Resource Capital is a Director of this issuer (Sun Valley).
- 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. Olive invites the reader to refer to its most recent financial statements available on its website; www.olive-resource.com for details on the Company's liabilities.
- Out of the Money Warrants are valued using Black Scholes with
35% volatility, and3% interest rate. In the Money Warrants are valued at their intrinsic value. - The increase in value from December 31, 2025 is primarily as a result of stock price appreciation of the investments.
Samuel Pelaez, the Company's President, CEO, CIO, and Director stated: "Commodities advanced broadly during April, with the U.S. dollar index giving up the year's advance. Seasonal patterns remain influential even as the news flow continues to be dominated by the conflict in Iran. Commodity equities underperformed their respective commodity references. At Olive, we have reduced our gross exposure to commodity equities as the global situation remains unstable, while the major seasonal tailwinds begin to wind down."
Derek Macpherson, the Company's Executive Chairman stated: "As a result of significant outperformance of Olive's portfolio versus resource indices, the portfolio has been able to recover the majority of losses from the month of March. Of note, outperformance from Aurion Resources, which is the process of being acquired for cash by Agnico Eagle and Omai Gold Mines, where regional M&A activity and an updated resource pushed the stock higher, drove the portfolio. Notably, as the result of ongoing normal course issuer bid in March, on a per share basis, Olive has recovered to its end of February value."
Normal Course Issuer Bid ("NCIB")
As of the date of this release, the Company holds 4,076,500 common shares in treasury pending cancellation.
As of the date of this release Olive Resource Capital Inc. has 106,744,709 common shares outstanding inclusive of the shares in treasury pending cancellation.
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. 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/295740