International Samuel Re-Prices Debt Settlement

1104 Premier Street, North Vancouver, BC V7J 2H3

INTERNATIONAL SAMUEL RE-PRICES DEBT SETTLEMENT

May 29, 2017: Vancouver, B .C., Canada- International Samuel Exploration Corp. (TSX -V: ISS)

(the “Company”) wishes to announce that it has re-priced the debt settlement with a director and officer

previously announced in its April 28, 2017 news release. The Company now proposes to issue a total of

1,927,866 shares at a deemed price of $0.06/share to settle $115,672 debt owed to a director and officer ,

subject to the approval of the TSX Venture Exchange (“TSXV”).

The Company expects to issue 848,355 shares to settle $50,901.30 of the debt immediately upon receipt

of TSXV approval. Thereafter, t he Company will seek approval from a majority of disinterested

shareholders to permit it to convert the balance of the debt into shares . Upon receipt of such shareholder

approval and approval f rom the TSXV, the Company expects to then issue 1,0 79,511 shares to settle the

remaining debt owed to the director and officer.

This debt settlement is a related party transaction as defined in Multilateral Instrument 61-101- Protection

of Minority Secu rity Holders in Special Transactions (“MI 61-101”). This transaction will be exempt

from the formal valuation and minority shareholder approval requirement s of MI 61 -101 as neither the

fair market value of any shares issued to or the consideration paid by such related party will exceed 25%

of the Company's market capitalization.

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 references to the proposed debt settlement, 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 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 statemen ts

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 events or otherwise, except as required under applicable

securities regulations.