Vancouver, British Columbia, October 15, 2025 – ProAm Explorations Corporation (“ProAm”
or “the Corporation”) (TSX.V:PMX) announces that, further to its news releases dated September
2, 2025, and September 16, 2025, it has closed the second and final tranche of its private placement, raising gross proceeds of $120,000 through the issuance of 2,400,000 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.
The securities issued pursuant to the private placement will be subject to a regulatory hold period expiring on February 16, 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.
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