Closes Non-Brokered Private Placement

NEWS RELEASE

INTERNATIONAL SAMUEL EXPLORATION CORP.

CLOSES NON-BROKERED PRIVATE PLACEMENT

June 22, 2012: International Samuel Exploration Corp. (the “Company”) announces that it has closed the non-brokered private placement of 1,650,000 units at a purchase price of $0.05 per unit. The private placement was oversubscribed for and the Company raised gross proceeds of $82,500. Two directors of the Company participated and no commission was paid. Each 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 $0.10 per share for a two 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 $0.25 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.

All of the securities issued in connection with this closing carry a legend restricting them from trading until October 22, 2012.

The proceeds of this private placement will be used for general working capital.

ON BEHALF OF THE BOARD OF DIRECTORS

“Conrad Swanson”

President & CEO

For further information, please contact: [email protected]

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.