Mr. Thomas Lamb reports

J2 METALS INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

J2 Metals Inc. has closed its previously announced (Oct. 30, 2025) non-brokered private placement. Pursuant to the offering, the company issued 3,333,333 subscription receipts at a price of 12 cents per subscription receipt for aggregate gross proceeds of $400,000.

Each subscription receipt will entitle the holder thereof to receive, upon satisfaction of the escrow release condition that a period of four months has elapsed from the closing date of the offering and without payment of any additional consideration or any further action on the part of the holder, one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of 25 cents per share at any time for a period of 24 months following the date of conversion of the subscription receipts.

The gross proceeds of the offering have been deposited into escrow and will be released to the company upon satisfaction of the escrow release condition. If the escrow release condition is not satisfied, the escrowed funds will be returned to the holders of the subscription receipts, together with any accrued interest thereon, and the subscription receipts will be cancelled without further action on the part of the holders.

The company is acting as the escrow agent in respect of the subscription receipts. The gross proceeds of the offering have been deposited into escrow and will be released to the company upon satisfaction of the escrow release condition.

The company will pay finders' fees in connection with the offering. The offering remains subject to final acceptance of the TSX Venture Exchange, and the company intends to use the net proceeds of the offering for general corporate purposes.

About J2 Metals Inc.

J2 is a Vancouver-based mineral exploration company focused on discovering critical minerals and precious metals in mining-friendly regions of Canada and the United States.

We seek Safe Harbor.