ProAm Explorations Corporation — Capital/Financing Update 2025

Jul 26, 2025

ProAm Explorations Corporation

Osec Petroleum Inc. Osec Petroleum Canada Limited

1875 – 701 West Georgia Street

Vancouver, BC

Canada V7Y 1G5

NEWS RELEASE

Vancouver, British Columbia, July 25, 2025 – ProAm Explorations Corporation (“ProAm” or “the Corporation”) (TSX.V:PMX) announces that further to its news releases dated February 21, 2025, April 10, 2025 and May 23, 2025, it has closed the private placement raising gross proceeds of $66,000 through the issuance of 1,650,000 units at a price of $0.04 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 $0.05 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 November 26, 2025. 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

(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.