International Samuel Arranges Non-Brokered Private Placement
888-700 West Georgia Street, Vancouver, British Columbia V7Y 1G5
INTERNATIONAL SAMUEL
ARRANGES NON-BROKERED PRIVATE PLACEMENT
October 12, 2018 - International Samuel Exploration Corp. (the “Company” or “International
Samuel”) ( TSXV: ISS USA: ISSFF FSE: RFC2 ) has arranged a non-brokered private
placement offering of 1,000,000 units (“Units”) at a price of $0.06 per Unit to raise gross
proceeds of $60,000. Each Unit is comprised of one common share and one share purchase
warrant. Each warrant will entitle the holder thereof to purchase one common share of the
Company for a 24 month exercise period at a price of $0.10 per share, subject to abridgement
of the exercise period (after the expiry of the 4 month hold period) with 30 days’ notic e to
holders in the event that the closing price of the Company’s shares for 10 consecutive trading
days exceeds $0.20.
This financing is subject to TSX Venture Exchange approval.
The proceeds received from this private placement will be used for work programs on the
Company’s LGM properties located in the Golden Triangle 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
Email: [email protected],
www.internationalsamuelexploration.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.
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 as described in the above news release. 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. Forward -looking statements involve
significant risks and uncertainties, they should not be read as guarantees of future performanc e or results, and
they will not necessarily be accurate 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 date 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 eve nts or otherwise, except as
required under applicable securities regulations.