International Samuel Exploration Corp. Closes First Tranche of Non-Brokered Private Placement

International Samuel Exploration Corp. (TSX VENTURE:ISS) (the "Company") is
pleased to announce that it has closed the first tranche of its previously
announced non-brokered flow-through and non-flow-through unit financing raising
gross proceeds of $624,250.


The Company issued 845,000 non flow-through units ("NFT Units") at $0.15 per NFT
Unit. Each NFT Unit consists of one common share and one non-transferable share
purchase warrant. Each warrant entitles the holder to subscribe for one
additional common share of the Company at $0.30 per share for a one year period
from the closing date.


In addition, the Company issued 2,487,500 flow-through units ("FT Units") at
$0.20 per FT Unit. Each FT Unit consists of one common flow-through share and
one-half of one non flow-through share purchase warrant. Each whole warrant will
entitle the holder to subscribe for one additional non flow-through common share
of the Company at $0.30 per share for a one year period from the closing date.


Each warrant is subject to accelerated expiry provisions such that if at any
time after the date of closing of the private placement, the company's common
shares trade on the TSX Venture Exchange at or above a weighted average trading
price of $0.50 per share for 10 consecutive trading days, the company may give
notice to the holders that each warrant will expire 30 days from the date of
providing such notice.


The Company paid $13,597.50 in finder's fees in connection with this closing.
All of the securities issued in connection with this closing carry a legend
restricting them from trading until October 4, 2011.


The proceeds of this private placement will be used for the purpose of carrying
out the exploration programs on the Company's British Columbia properties and
for general working capital.


On another matter, International Samuel Exploration Corp. is pleased to announce
that Mr. Geoffrey Hampson has joined the Board of Directors.


Mr. Hampson has a 30 year career as a Senior Executive and Entrepreneur in a
variety of different businesses. His strength has been in technology, start-ups,
mining, turn-around businesses and in industry consolidations where he has been
able to build strong teams to lead these businesses into industry leading
positions.


Over the past 30 years Mr. Hampson has been involved in over 20 M&A transactions
on both the "buy" and "sell" side. Mr. Hampson has also negotiated over 10
International Joint Ventures in countries such as Brazil, India, Ukraine,
Russia, South Africa and China. Mr. Hampson has many years of International
experience and countless relationships around the world.


ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President & CEO