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Olive Resource Capital Reports Record Q1 2025 Investment Performance and Quarterly Net Income
Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - Olive Resource Capital Inc. (TSXV: OC) ( "Oli...
About this update from Olive Resource Capital Inc.
[{"type":"text","content":"Olive Resource Capital Reports Record Q1 2025 Investment Performance and Quarterly Net IncomeToronto, Ontario--(Newsfile Corp. - May 26, 2025) - Olive Resource Capital Inc. (TSXV: OC) (\"Olive\" or the \"Company\")  is pleased to announce financial results for the three months ended March 31, 2025.Highlights:Investment Portfolio valued at $7,518,305 for March 31, 2025. Investment Portfolio value increased by 17.1%, and NAV per share increase 20.7% respectively during Q1 2025.As a result of strong investment performance, Olive reported record Net Income of $1,106,501 or $0.01 per share.Samuel Pelaez, the Company's President, CEO, CIO, and Director, stated: \"The seasonal period between January and May is typically strong for the commodity complex. At Olive we increased our exposure during Q4 2024 to capture this momentum. Fortunately, not only have commodities performed positively, they have generally outperformed their seasonality, with gold having risen more than 20% in 2025. Our exposure to gold and precious metals sits just over 50%, with this exposure having delivered returns in excess of the precious metals' benchmarks. This was the most important factor in the increase in value of Olive's investments during the period.\" Derek Macpherson, Executive Chairman, stated, \"The work that we have done over the last three years to increase Olive's balance sheet flexibility has allowed us to be more aggressive in allocating investment dollars to the high conviction names in our portfolio. This has put us in the ideal positions to potentially deliver significant returns in the current very positive gold environment and the strong broader commodity market that we anticipate in the next few years.\"Table 1: Olive's Significant InvestmentsNameTickerSectorCategory (Audited) Value Dec 31, 2024(Unaudited) Value Mar 31, 2025(1)(Unaudited) Value Apr 30, 2025(1)Black Sheep Ventures Inc.PrivateReal EstatePrivate Equity & Convertible Debenture$1,265,936$1,265,936$1,259,252Omai Gold Mines Corp.(2)OMG.vPrecious MetalsPublic Equity$456,720$1,113,835$1,101,320Troilus Gold Corp.TLGPrecious MetalsPublic Equity$190,800$290,063$382,500Arizona Sonoran Copper Co.ASCUBase MetalsPublic Equity$255,780$393,240$371,700Aurion Resources LtdAU.vPrecious MetalsPublic Equity$222,075$250,275$292,575Public Equity Liquid Investments and Working Capital (3)$...