File: Attachment 20260623 - PMX_NR - Shareholder Letter.pdf

ProAm

Explorations

FOR IMMEDIATE RELEASE

PROAM LETTER TO SHAREHOLDERS

Vancouver, British Columbia, June 23, 2026 ProAm Explorations Corporation ("ProAm" or "the Company") (TSX-V: PMX).

Dear Shareholders,

Over the past several months, ProAm has taken important steps to reposition the Company for the future. Our objective has been straightforward: to assemble and advance a portfolio of high- quality exploration assets, strengthen our technical capabilities, and establish a foundation from which we can deliver a steady stream of meaningful milestones.

Highlights dot Advanced the Golden Ridge Project in New Brunswick and completed foundational technical work to support the next phase of exploration.

dot Preparing for an active field season, including planned airborne geophysical surveys and follow-up exploration activities at Golden Ridge.

dot Continued advancement of the Company's Nevada and Utah projects, both of which offer exposure to underexplored mineral systems with significant exploration potential. dot Appointed veteran mining executive and engineer Peter Bojtos, P.Eng., as Senior Technical Advisor, bringing decades of international mining experience to the Company.

Golden Ridge Project A major focus during the period has been the acquisition and advancement of the Golden Ridge Project in New Brunswick, Canada. Since completing the acquisition, the Company has undertaken extensive geological reviews and technical assessments to refine exploration targets and guide future work. This effort has strengthened our conviction that Golden Ridge represents a significant district-scale opportunity and has provided the foundation for a focused exploration program. As we move into the field season, preparations are underway for the next stage of exploration, including airborne geophysical surveys and follow-up field activities designed to define and prioritize drill targets. While Golden Ridge has rightly attracted considerable attention, it represents only one part of a broader portfolio that we are actively re-engaging.

Hell Hole Pass Project (Utah) In Utah, our wholly owned Hell Hole Pass Project consists of 10 contiguous mineral claims and two leases covering approximately 84 hectares. Located approximately 45 miles southwest of St. George, the project shares several geological features with the historic Apex Mine, one of North America's best-known germanium and gallium deposits. Historical prospecting, geological mapping and more recent technical work have identified alteration zones, structural features and mineral occurrences that support continued exploration. With growing global interest in critical minerals, we believe Hell Hole Pass represents a compelling early-stage opportunity within a highly prospective geological setting.

Jet Project (Nevada)

In Nevada, the Company continues to advance its interests in a 476-hectare property comprising four project areas situated within a largely underexplored mineral district. Historical workings, surface mineralization and modern geophysical surveys have identified multiple targets across an extensive structural corridor hosting silver, copper, lead, zinc, barite and fluorite mineralization. The widespread distribution of these occurrences suggests the potential presence of a larger mineralizing system, while recent technical work has helped refine priority targets for future exploration. Despite these encouraging indicators, the district remains comparatively underexplored, presenting an opportunity for modern exploration techniques to unlock additional potential.

Technical Leadership

As we move into the summer field season, our team is developing exploration programs across all three projects. Equally important, we have been assembling the technical expertise required to evaluate and advance these opportunities in a disciplined and methodical manner. We believe that combining quality assets with strong geological leadership provides the best path toward creating long-term growth and enhancing the value of the Company's portfolio.

To further strengthen our technical capabilities, the Company is pleased to announce the appointment of Mr. Peter Bojtos, P.Eng., as Senior Technical Advisor to the Company.

Peter brings more than 50 years of international mining experience spanning exploration, project evaluation, feasibility studies, mine construction, operations and mine closure. During his career, he held senior management positions with Kerr Addison Mines Ltd., a Noranda Group company, and later served as President and Chief Executive Officer of several mining companies involved in the acquisition, development and operation of precious and base metal mines.

Mr. Bojtos has participated in the financing, development, construction or restart of 19 mines and has been involved in the operation of 24 producing mines worldwide. He has also completed approximately 20 significant corporate acquisitions, mergers and divestitures involving 24 operating mines and has evaluated mining projects in roughly 80 countries. Over the past 30 years, he has held directorships and advisory roles with numerous mining companies listed in Canada, the United States, Australia and Europe.

Looking Ahead

The work completed over the past year has been foundational in nature. We have focused on putting the right pieces in place--acquiring prospective assets, undertaking the necessary technical work, and positioning the Company for the next stage of growth. While much work remains ahead, we are encouraged by the opportunities before us and believe that ProAm is entering an active and exciting new chapter.

On behalf of the Board of Directors, I would like to thank our shareholders for their continued support and confidence. We look forward to keeping you informed as we advance our projects and deliver further updates in the months ahead. About ProAm Explorations ProAm Explorations Corporation is a mineral exploration company which has recently acquired an option on the Golden Ridge Gold Project in New Brunswick, Canada. ProAm also has a 100% interest in the HHP Gallium/Germanium Project in Utah, USA, and is earning into the Jet Copper/Gold Project in Nevada, USA.

ON BEHALF OF THE BOARD OF DIRECTORS

Jason Cubitt Chief Executive Officer

For further information:

Email: info@pmx-corp.com 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.