Mr. Thomas Lamb reports

TWENTY MILE METALS INC. ANNOUNCES LISTING ON THE TSX VENTURE EXCHANGE

The TSX Venture Exchange has approved the listing of the common shares of Twenty Mile Metals Inc. on the TSX-V. The Twenty Mile Metals shares are expected to commence trading on the TSX-V at market open on or about June 24, 2026, under the symbol MILE.

The company was formed pursuant to the spinout of the Twenty Mile project from J2 Metals Inc. in connection with the completion of a court-approved plan of arrangement under the Business Corporations Act (British Columbia), which was completed in accordance with the terms of an arrangement agreement dated Oct. 24, 2025, among the company and J2.

Pursuant to the arrangement, 4,928,959 Twenty Mile Metals shares were distributed to the former shareholders of J2 and 71,041 Twenty Mile Metals shares are held by J2 in reserve for issuance to warrantholders of J2 on the effective date of the arrangement.

As previously announced by J2, prior to the completion of the arrangement, the company completed a non-brokered private placement of 5.2 million subscription receipts at a price of 10 cents per subscription receipt, generating gross proceeds of $520,000. No finders' fees were payable in connection with the private placement.

Upon the receipt of conditional approval from the TSX-V for the listing of the Twenty Mile Metals shares, each subscription receipt was converted into one unit of the company.

Each unit comprises one Twenty Mile Metals share and one share purchase warrant. Each warrant is exercisable to acquire an additional Twenty Mile Metals share at a price of 15 cents per share until June 8, 2029, provided that, if the closing price of the Twenty Mile Metals shares exceeds 25 cents per share for a period of 10 consecutive trading days, the company may give notice of the acceleration of the term of the warrants to a period of 30 days following such notice.

A listing application dated June 18, 2026, in respect of the company has been prepared in accordance with the policies of the TSX-V and is available under the company's profile on SEDAR+.

About Twenty Mile Metals Inc.

The company is in the business of acquiring and exploring mineral natural resource properties and is principally focused on the Twenty Mile property.

We seek Safe Harbor.