NEWS

2009

International Samuel Closes Non-Brokered Private Placement of $137,200

International Samuel Exploration Corp. (the  “Company”) (TSX Venture: ISS”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) of 857,500 units (each a “Unit”) at a purchase price of $0.16 per Unit.  The Private Placement was oversubscribed for and the Company raised gross proceeds of $137,200.  Each Unit consists of one common share (“Common Share”) of the Company and one non‑transferable common share purchase warrant (“Warrant”).  Each Warrant will entitle the holder to acquire one additional common share (a “Warrant Share”) of the Company at an exercise price of $0.25 per Warrant Share for a period of five years from the closing date of the Private Placement.  Notwithstanding the above, if at any time after the date of closing of the Private Placement, the closing trading price of the common Shares of the Company on the TSX Venture Exchange has been greater than $0.50 for a period of 10 consecutive trading days, the Issuer shall have an option, exercisable in its sole discretion, to request that all holders of the Warrants exercise their Warrants by providing notice (the “Notice”) advising the holders that they shall have 30 days to exercise their Warrants, and any unexercised Warrants after the expiry of the 30th day following the Notice shall expire with no further rights and privileges attached thereto.  Insiders of the Company participated in the Private Placement for an aggregate amount of $48,000.

The Company paid a finder’s fee in cash of $4,080 to a finder in connection with the Private Placement which amount equals 8 percent of the amount raised from certain arm’s length investors.

The net proceeds from the Private Placement will be used for general working capital purposes.

All of the securities issued pursuant to the Private Placement are subject to a minimum four month hold period which expires on May 30, 2009, pursuant to applicable Canadian securities laws.

The Company is also pleased to announce that they have hired an investor relations firm, Kerr Consulting, to provide investor relations to the Company on a part time basis at a fee of $500 per month plus GST.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President

For further information, please contact:  info@internationalsamuel.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.