ProAm Explorations Announces Appointment of Ken Guichon to its Board of Directors

Vancouver, British Columbia, July 28, 2025 – ProAm Explorations Corporation (“ProAm” or “the Corporation”) (TSX.V:PMX) announces that 0744350 BC Ltd., a company wholly-owned by Jason Cubitt, CEO and a Director of the Company, has agreed to accept a debt settlement resulting in the issuance of 1,030,000 common shares of the Company to 0744350 BC Ltd. at a deemed value of $0.05 per common share to extinguish $51,500 of the $88,200 debt owing to 0744350 BC Ltd. (the “Debt Settlement”).

The issuance of shares to Mr. Cubitt’s wholly-owned company pursuant to the Debt Settlement will be considered a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company relies on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that Debt Settlement with Mr. Cubitt’s wholly-owned company is below 25% of the fair market value of the Company’s market capitalization. The Company will file a material change report in respect of the related party transactions in connection with the Debt Settlement.

The Debt Settlement is subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Directors of

ProAm Explorations Corporation

Jason Cubitt

Chief Executive Officer

Tel: 604-209-1658

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this news release.