Receives Exchange Approval ON Acquisitions Totaling 27,240 Contiguous Hectares IN the Middle of the Golden Triangle, BC
888-700 West Georgia Street, Vancouver BC V7Y 1G5
INTERNATIONAL SAMUEL EXPLORATION CORP.
RECEIVES EXCHANGE APPROVAL ON ACQUISITIONS
TOTALING 27,240 CONTIGUOUS HECTARES IN THE
MIDDLE OF THE GOLDEN TRIANGLE, BC
October 3 , 2017: Vancouver, BC Canada - International Samuel Exploration Corp .
(TSX.V ISS) (FSE: RCF1) (USA: ISSFF) (“International Samuel” or the “Company”) is
pleased to announce that the Company has received TSX Venture Exchange (the
“Exchange”) approval on all three property acquisitions. International Samuel now holds
100% interest in 27,240 hectares in the heart of British Columbia’s Golden Triangle.
Lucifer Property
The Exchange approved t he terms of the option agreement to acquire a 100% interest in the
Lucifer Property (see August 22, 2017 news release) and issued 2,000,000 common shares to
the vendors. In addition, International Samuel will grant a 2% NSR of wh ich 1.5% can be
purchased by International Samuel at $500,000 per 0.5%. The Company paid a finder’s fee in
relation to this transaction of 300,000 shares which those shares are subject to a four month
plus one day hold period.
Mickey Davis Property
The Com pany also has received Exchange approval to the terms of the purchase and sale
agreement, acquiring 100% interest in the Mickey Davis Property (see September 14, 2017
news release) and has issued 12,000,000 common shares to the vendors. In addit ion,
International Samuel will grant a 2% NSR. The Company paid a finder’s fee in relation to
this transaction of 1,200,000 shares which shares are subject to a four month plus one day
hold period.
Grizzly Property
The Company further announces that it has received Exchange approval to the terms of the
option agreement to acquire a 100% interest in the Grizzly Property (see September 20, 2017
news release) and issued 2,000,000 common shares to the vendors and 120,000 shares to the
Royalty Vendors for the 2% NSR. The vendor has been granted a 1% NSR. No finder’s fee
was paid on this transaction.
To view the location of these properties please visit our new website at:
www.internationalsamuelexploration.com
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 3,200,000 common shares of
the Company at an exercise price of $0.10 per share for a term of five years f rom the date of
the grant. The incentive stock options were granted in accordance with t he Company’s Stock
Option Plan.
ON BEHALF OF THE BOARD OF DIRECTORS,
“Conrad Swanson”
Conrad Swanson
Chairman, CEO & President
888-700 West Georgia Street, Vancouver BC V7Y 1G5
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 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 other wise,
except as required under applicable securities regulations.