ProAm Explorations Announces Closing of First Tranche of Private Placement

Vancouver, British Columbia, September 16, 2025 – ProAm Explorations Corporation (“ProAm” or “the Corporation”) (TSX.V:PMX) announces that further to its news releases dated September 2, 2025, it has closed a first tranche of its private placement raising gross proceeds of $75,000 through the issuance of 1,500,000 units at a price of $0.05 per unit (“Unit”). Each Unit consists of one share and one transferable share purchase warrant (“Warrant”), with each Warrant being exercisable at a price of $0.06 for period of 1 year from the date of issuance.

Jason Cubitt, CEO and a Director of the Corporation, through his wholly-owned corporation, subscribed for 500,000 Units for gross proceeds of up to $25,000. The issuance of Units to Mr. Cubitt’s company is 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 participation in the Private Placement by insiders will not exceed 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 Private Placement.

The securities issued pursuant to the private placement will be subject to a regulatory hold period expiring on January 17, 2026. The funds will be used for general working capital purposes and potential new acquisition/option opportunities.

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.