Alset Capital Inc. Announces Effective Date of Name Change to Alset AI Ventures Inc. and Updated Investment Policy

VANCOUVER, BC / ACCESSWIRE / August 21, 2024 / Alset Capital Inc. (TSXV:KSUM)(OTC PINK:ALSCF)(FSE:1R60)(WKN:A3ESVQ) (“Alset” or the “Company”) is pleased to announce a corporate name change from “Alset Capital Inc.” to “Alset AI Ventures Inc.” effective August 23, 2024 (the “Name Change”). Concurrently, the Company’s trading symbol on the TSX Venture Exchange will change to “GPUS”. The Company’s trading symbols on the OTC Markets (OTC Pink) and Frankfurt Stock Exchange (FSE) will remain unchanged.

The Company’s common shares will begin trading on the TSX Venture Exchange under the new name and trading symbol on August 23, 2024. The new CUSIP number for the Company’s common shares will be 021155106, and the new ISIN number will be CA0211551068. The share capital of the Company will remain unchanged.