ProAm Explorations Corporation — Capital/Financing Update 2025

Oct 16, 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, 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

(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.