International Samuel Exploration Corp. is pleased to announce that it has closed its previously announced private placement and has issued 3,736,666 units at a price of $0.06 per unit for a total of $224,200 gross proceeds.

All securities issued pursuant to the closing are subject to a hold of four months and one day from their date of issuance in accordance with apllicable Canadian securities laws.

On Behalf of the Board of Directors,

Conrad Swanson – Chairman