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2010
News Release
June 29, 2010
International Samuel Exploration Corp. (ISS: TSX-V) (the “Company”) announces further to the news release disseminated June 25, 2010, the non-brokered non-flow-through private placement unit offering of 1,000,000 Units, raising gross proceeds of $200,000 has been increased to 1,100,000 Units, raising gross proceeds of $220,000. All other terms remain as previously announced - each Unit will be comprised of one common share of the Company at a subscription price of $0.20 per common share and one non-transferable share purchase warrant entitling the holder thereof to purchase one additional common share of the Company at an exercise price of $0.30 per share for a two year period from the closing date of the unit offering. Two senior officers of the Company have subscribed to a portion of the private placement. Proceeds will be used for general working capital.
ON BEHALF OF THE BOARD OF DIRECTORS
INTERNATIONAL SAMUEL EXPLORATION CORP.
Conrad Swanson, President
For further information, please contact: info@internationalsamuel.com
Neither the 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.
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