Subject: PMX Early Warning NR
PDF Document
File: Attachment 20260420 Early Warning News Release PMX - JC.pdf
EARLY WARNING NEWS RELEASE ISSUED PURSUANT TO NI 62-103
ACQUISITION OF UNITS OF PROAM EXPLORATIONS CORPORATION
Vancouver, B.C. April 20, 2026 This news release is being disseminated by Jason Cubitt (the
"Purchaser") 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 (the "Units") of ProAm
Explorations Corporation (the "Issuer"), a British Columbia corporation whose common shares (the
"Common Shares") are listed for trading on the TSXV under the symbol "PMX".
On April 16, 2026, the Purchaser, indirectly through 0744350 BC Ltd., a private company controlled by
the Purchaser, acquired 1,500,000 units at a price of $0.15 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 $0.20 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% in issued and outstanding Common Shares of the Issuer.
Prior to the Transaction, the Purchaser owned and controlled 1,150,000 Common Shares of the Issuer
representing 6.06% 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 1,650,000
Common Shares of the Issuer representing 8.48% of the outstanding shares assuming exercise of the
warrants held by the Purchaser.
Subsequent to the Transaction, the Purchaser owned and controlled 2,650,000 Common Shares of the Issuer
representing 12.86% of the then issued and outstanding Common Shares and 1,250,000 warrants of the
Issuer based on a total of 20,613,131 Common Shares outstanding, or 3,900,000 Common Shares of the
Issuer representing 17.84% 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 at www.sedar.com under the
Issuer's profile. Copies of such reports will also be available from the Purchaser upon written request at
142 757 West Hastings Street, Vancouver, British Columbia, V6C 1A1.
For additional information, contact:
Jason Cubitt
604-209-1658
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