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

Financings

NEWS RELEASE

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

April 5, 2012 – Vancouver, BC - International Samuel Exploration Corp. (ISS: TSX-V) (the “Company”) is pleased to announce that it has closed the final tranche of its previously announced non-brokered flowthrough and non-flow-through unit financing raising total gross proceeds of $279,000.

The Company issued 2,750,000 flow-through units (“FT Units”) at $0.10 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 entitles the holder to subscribe for one additional non flow-through common share of the Company at $0.25 per share for a one year period from the closing date.

In addition, the Company issued 40,000 non flow-through units (“NFT Units”) at $0.10 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 $0.25 per share for a one year period from the closing date.

All of the securities issued in connection with this closing carry a legend restricting them from trading until August 5, 2012.

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 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.