Vancouver, British Columbia, February 2, 2026 – Further to its news release dated January 12, 2026, ProAm Explorations Corporation (the “Company” or “ProAm”) is pleased to announce that it has entered into a definitive option agreement dated January 31, 2026, pursuant to which the Company may acquire a 100% interest in the Golden Ridge Project (the “Option Agreement”).
Terms of Option Agreement
Cash Payments
The Purchaser shall pay the Vendors CAD $1,440,000, as follows:
Work Commitment
The Buyer shall incur CAD $250,000 in Project Expenditures, consisting of:
Royalty Reservation
The Vendors shall retain a 2% Net Smelter Return (NSR) royalty, of which:
The Option Agreement is arm’s length with a private vendor and remains subject to TSX Venture Exchange approval.
On behalf of the Board of Directors of ProAm Explorations Corporation
Jason Cubitt
Chief Executive Officer
Email: info@pmx-corp.com
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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