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ProAm Explorations Corporation — Share Issue/Capital Change 2026
Mar 30, 2026
43938_rns_2026-03-30_3f5e30f0-97d5-4ab9-a439-e540512b81e7.pdf
Share Issue/Capital Change
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ProAm
TSX-V:PMX
NEWS RELEASE
Vancouver, British Columbia, March 26, 2026 – ProAm Explorations Corporation (“ProAm” or “the Corporation”) (TSX.V:PMX) announces that, further to its news release dated March 25, 2026, the Corporation will be paying a finder’s fee in connection with this private placement, or a portion thereof, in the amount of 7% cash.
In addition, Rodney Stevens, a Director of the Corporation, will be subscribing for up to 200,000 Units for gross proceeds of up to $30,000. The issuance of Units to Mr. Stevens pursuant to the Private Placement will be 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.
In all other respects, the information in the news release regarding the private placement announced on March 25, 2026, remains unchanged.
The Private Placement is subject to the approval of the TSX Venture Exchange.
On behalf of the Board of Directors of ProAm Explorations Corporation
Jason Cubitt
Chief Executive Officer
Email: [email protected]
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.