J2 Metals Inc (JTWO) Financings
TSXV: JTWO · Silver, Gold, Antimony · Exploration stage
- Market cap$5.8M
- Share price$0.130
- 52-week range$0.095 – $0.440
- Shares outstanding44,401,864
- ExchangeTSXV
- Websitej2metals.ca
J2 Metals Inc. (TSXV: JTWO) (OTCQB: JTWOF) (FSE: OO10) is a multi-commodity explorer advancing silver, gold, and antimony projects with historical production or significant drill results across established mining jurisdictions in Mexico, Quebec, and Alaska. At Sierra Plata in Zacualpan, Mexico, one of the most historically productive epithermal districts in the country, recent waste dump sampling has returned grades of up to 3,932 g/t AgEq across five past-producing silver-gold mines. Active geological mapping and drill permitting are underway. At the Miniac Project in Quebec's Abitibi Greenstone Belt, a newly completed 41-kilometre OreVisionIP survey has identified prospective chargeability and resistivity anomalies coincident with previously identified EM targets, supporting a planned Phase II drill program of up to 5,000 metres across a largely untested 7-kilometre conductive horizon. At the Napoleon Project in the Fortymile district of Alaska, a prolific placer camp with up to one million ounces of historical gold production, rock-chip samples have returned up to 596 g/t gold, with historical drilling by Teck and Kennecott reporting intercepts of 8.9 g/t gold over 3 metres and 0.9 g/t gold over 79 metres.
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J2 Metals Inc financial statements
Key figures read from 6 of 6 financial statement filings, Jul 29, 2025 to Aug 14, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Cash and equivalents | C$3,902,131 | C$925,927 | C$130,479 |
| Short-term investments | C$43,200 | C$12,800 | C$20,800 |
| Total current assets | C$3,948,645 | C$938,727 | C$151,279 |
| Total current liabilities | C$289,397 | C$242,400 | C$83,733 |
| Working capital | C$3,659,248 | C$696,327 | C$67,546 |
| Exploration and evaluation assets | C$3,864,532 | C$3,117,452 | C$2,950,717 |
| Total assets | C$7,838,077 | C$4,081,079 | C$3,126,896 |
| Total liabilities | C$422,197 | C$405,800 | C$322,333 |
| Shareholders' equity | C$7,415,880 | C$3,675,279 | C$2,804,563 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | |
|---|---|---|---|
| General and administrative | C$560,586 | C$85,656 | C$18,736 |
| Share-based compensation | C$152,933 | — | — |
| Net income (loss) | (C$1,804,309) | (C$715,400) | (C$22,326) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | |
|---|---|---|---|
| Operating cash flow | (C$1,360,697) | (C$126,303) | (C$23,958) |
| Investing cash flow | (C$602,947) | C$126,635 | (C$77,129) |
| Financing cash flow | C$4,939,848 | C$795,116 | C$231,000 |
| Exploration spending (capitalized) | (C$602,947) | (C$214,951) | (C$67,229) |
| Proceeds from share issues | C$75,265 | C$814,400 | C$156,000 |
| Change in cash | C$2,976,204 | C$795,448 | C$129,913 |
| Cash at end of period | C$3,902,131 | C$925,927 | C$130,479 |
J2 Metals Inc financings
5 financings announced or closed by J2 Metals Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-04-20 | J2 Metals Inc (JTWO) | Private placement | Closed, 1 tranche | $520K | $0.100 | J2 Metals Inc. Announces Completion of $520,000 Subscription Receipt Financing by Twenty Mile Metals Inc. |
| 2026-02-23 | J2 Metals Inc (JTWO) | Flow-through, non-brokered | Closed, 3 tranches | $1.5M | $0.350 | J2 Metals Inc. Announces Closing of First Tranche of Flow-Through Private Placement |
| 2026-01-19 | J2 Metals Inc (JTWO) | Flow-through, private placement, non-brokered | Closed, 2 tranches | $6.0M | $0.250 | J2 Metals Inc. Announces Private Placement |
| 2025-10-30 | J2 Metals Inc (JTWO) | Private placement, non-brokered | Closed, 1 tranche | $400K | $0.120 | J2 Metals Inc. Announces Private Placement |
| 2025-08-21 | J2 Metals Inc (JTWO) | Private placement, non-brokered | Closed, 1 tranche | $80K | $0.100 | J2 Metals Inc. Announces Private Placement |