09:39:46 EDT Tue 21 Apr 2026
Enter Symbol
or Name
USA
CA



ProAm Explorations Corp (3)
Symbol PMX
Shares Issued 17,134,798
Close 2026-04-20 C$ 0.175
Market Cap C$ 2,998,590
Recent Sedar+ Documents

ProAm investor Cubitt acquires 1.5 million units

2026-04-21 04:36 ET - News Release

Mr. Jason Cubitt, a shareholder, reports

EARLY WARNING NEWS RELEASE ISSUED PURSUANT TO NI 62-103 ACQUISITION OF UNITS OF PROAM EXPLORATIONS CORPORATION

This news release has been disseminated by Jason Cubitt pursuant to National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues) in connection with the acquisition of certain units of ProAm Explorations Corp., a B.C. corporation whose common shares are listed for trading on the TSX Venture Exchange under the symbol PMX.

On April 16, 2026, the purchaser, indirectly through 0744350 B.C. Ltd., a private company controlled by the purchaser, acquired 1.5 million units at a price of 15 cents per unit for total consideration of $225,000 in a private placement. Each unit consists of one common share and one-half of one share purchase warrant. Each whole warrant is exercisable at a price of 20 cents for a period of two years from issuance.

This transaction, when added to the purchaser's pre-existing shareholdings of the issuer, represents a securityholding percentage of 12.86 per cent in issued and outstanding common shares of the issuer.

Prior to the transaction, the purchaser owned and controlled 1.15 million common shares of the issuer, representing 6.06 per cent of the then issued and outstanding common shares, and a total of 500,000 share purchase warrants of the issuer based on a total of 18,968,131 common shares outstanding, or 1.65 million common shares of the issuer, representing 8.48 per cent of the outstanding shares assuming exercise of the warrants held by the purchaser.

Subsequent to the transaction, the purchaser owned and controlled 2.65 million common shares of the issuer, representing 12.86 per cent of the then issued and outstanding common shares, and 1.25 million warrants of the issuer based on a total of 20,613,131 common shares outstanding, or 3.9 million common shares of the issuer, representing 17.84 per cent of the outstanding shares assuming exercise of the warrants held by the purchaser.

A copy of the early warning report dated April 20, 2026, to be filed by the purchaser in connection with the acquisition of the common shares of the issuer will be available on SEDAR+ under the issuer's profile. Copies of such reports will also be available from the purchaser upon written request at 142, 757 West Hastings St., Vancouver, B.C., V6C 1A1.

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