International Samuel Announces Option Agreement and a $200,000 Private Placement

1104 Premier Street

North Vancouver, BC V7J 2H3

INTERNATIONAL SAMUEL ANNOUNCES OPTION AGREEMENT

AND A $200,000 PRIVATE PLACEMENT

August 22, 2017: Vancouver, BC Canada - International Samuel Exploration Corp. (TSX-V: ISS)

(the “Company”) is pleased to announce that the C ompany has entered into an option agreement to

acquire a 100% in terest in a former Noranda Exploration project referred to as the Lucifer Property

(comprising 4,588.41 hectares) located in northwestern BC’s Golden Triangle. The property is located in

the northeastern part of the Golden Triangle along the same geological trend as Evrim Resources Ball

Creek Property, Colorado Resources Hank and North Rok prop erties, Skeena Resources GJ Property, GT

Gold Corp’s Tatogga Property and Imperial Metals Red Chris Mine.

According to the BC Ministry of Mines database , previous exploration work by Noranda (1990 -1991)

identified a 400 meter wide, 1.2 kilometer long, nor th northeast trending zone of hydrothermal alteration

associated with strongly elevated gold concentrations and base metal soil geochemical anomalies (Aris

Report No.21091). BC Ministry of Mines Minfile database documents two shallow drill holes completed

in 1991 which reportedly intersected 15.1 g/t gold over 1.36 meters and 0.7 g/t gold over 5.70 meters. In

addition to the mapped alteration zone and strong soil geochemical anomalies Noranda identified multiple

strong “gold in stream” anomalies in the ce ntral part of the property which have not been followed up. It

is important to note that the Company has not verified the historical exploration results reported for the

former Lucifer Property as documented by the BC Ministry of Mines.

Since 2005 infrastructure throughout the Golden Triangle has steadily improved and several of the known

porphyry copper gold prospects including Red Chris, Galore Creek, and the KSM Project (Seabridge

Resources) have either made production decisions or reported positive fea sibility studies. The recent

production decision for the Brucejack Gold Deposit (Pretium Resources) combined with the

commencement of production at Red Chris, the recent discovery announced by GT Gold Corp. of

significant gold mineralization associated wi th “gold in soil” anomalies at the Saddle Zone and a

resurgence of exploration activity have re-established the Golden Triangle as one of BC’s most important

mining districts.

Technical disclosure in this news release has been reviewed and approved by Carl Von Einsiedel, a

Qualified Person as defined by National Instrument 43-101.

Pursuant to the terms of the option agreement, in order to exercise the option, ISS will be required to issue

3,000,000 common shares to the vendors (2,000,000 common shares on TSXV approval and an additional

1,000,000 common shares by October 31, 2018). In addition, on exerc ise, ISS will grant a 2% NSR of

which 1.5% can be purchased by ISS at $500,000 per 0.5%. The Company will pay a finder’s fee in

relation to this transaction, which finder’s fee will be in compliance with applicable securities laws and

exchange policies. This transaction is subject to TSX Venture Exchange (“TSXV”) approval.

Private Placement

The Company also announces a non-brokered private placement offering of up to 4,000,000 units at a

price of $0.05 per unit to raise gross proceeds of up to $2 00,000. Each unit will consist of one common

share of the Company and one -half of one transferable common share purchase warrant. Each whole

warrant will entitle the holder thereof to purchase one common share of the Company for a 12 month

exercise period at a price of $0.15 per share. This financing is subject to TSXV approval.

The proceeds of the private placement will be used for the purpose of carrying out the exploration

programs on the property and for general working capital.

ON BEHALF OF THE BOARD OF DIRECTORS

“Conrad Swanson”

Conrad Swanson

Chairman

For further information, please contact:

International Samuel Exploration Corp.

Telephone: 604-317-3090

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.

Forward-looking information

Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or the Company's future

performance and include the potential acquisition of the Lucifer Property, future work to be carried out on the Luficer Prope rty, receipt of

regulatory approval to the property option agreement and related finder’s fee, raising funds under the proposed private placement, receipt of

regulatory approval to the proposed financing and related finder’s fees, completion of the proposed financing and the use of proceeds related

thereto. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to

vary from those expressed or implied by such forward -looking statements. In addition to other risks, any of the proposed transactions set out in

this news release may prove to be unsuccessful and the Company may be unable to complete such transaction s. Further, the Company may not

attract capital in the future to finance the transaction costs or obligations under the option agreement, which could affect whether the Company

proceeds with the exercise of the option and acquisition of the Lucifer Property . Forward -looking statements involve significant risks and

uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accur ate indications of

whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks.

Although the forward -looking statements contained in this news release are based upon what management of the Company believes are

reasonable assumptions on the da te of this news release, the Company cannot assure investors that actual results will be consistent with these

forward-looking statements. The forward -looking statements contained in this press release are made as of the date hereof and the Company

disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or

otherwise, except as required under applicable securities regulations.