International Samuel Exploration Corp. Announces a Non Brokered Private Placement
888-700 West Georgia, Vancouver, BC, V7Y 1G5
INTERNATIONAL SAMUEL EXPLORATION CORP. ANNOUNCES A NON
BROKERED PRIVATE PLACEMENT
February 13, 2020: Vancouver, British Columbia : International Samuel Exploration Corp. (the
“Company”) (ISS: TSX-V) announces a non-brokered private placement of up to 6,000,000 units (“Units”)
at a price of $0.075 per Unit raising gross proceeds of $450,000. Each Unit is comprised of one common
share of the Company and one common share purchase warrant (“Warrant”). Each warrant entitles the
holder thereof to purchase one common share of the Company for 24 months at an exercise price of $0.10
per share after the closing date of the Offering. Insiders will be taking a portion of the private placement.
This financing is subject to TSX Venture Exchange approval.
The proceeds received from this private placement will be used to advance the Williams gold & porphyry
property in the Toodoggone trench area of northern BC and general working capital.
Stock Options
The Company announces that it has granted incentive stock options to directors, officers, employees, and
consultants to purchase up to an aggregate of 500,000 common shares of the Company at an exercise
price of $0.11 per share for a term of five years from the date of the grant. The incentive stock options
were granted in accordance with the Company’s Stock Option Plan.
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]
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. All such statements involve substantial known and unknown risks,
uncertainties and other factor s 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 performance 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 f orward-
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.