Twenty Mile Metals Closes $2 Million Private Placement on TSX Venture Exchange

Twenty Mile Metals Inc., trading on the TSX Venture Exchange under the symbol MILE, closed a $2,000,000 private placement on October 19, 2026. The financing represents a meaningful capital raise for the junior mining company, which was spun out of J2 Metals Inc. in April 2026 and began trading on the TSXV in June 2026 following exchange approval.

The company holds the Twenty Mile property in British Columbia and has moved quickly to fund its exploration activities since listing. The private placement provides capital to advance those efforts, though specific terms of the October financing, including unit pricing and warrant details, were not disclosed in the available announcements.