Alset AI Announces Leadership Transition and New Director Appointments

VANCOUVER, BC / ACCESSWIRE / September 23, 2024 - Alset AI Ventures Inc. (TSXV:GPUS) (OTC:ALSCF) (FSE:1R60, WKN:A3ESVQ) announces significant changes to its leadership, audit committee, and the grant of stock options.

Effective September 20, 2024, Mr. Morgan Good has resigned as CEO and Director, and Mr. Jeremy Hanson has stepped down from his Director role. Mr. Zelong (Roger) He has been appointed as Interim CEO, and Mr. Jack Huang joins as an independent Director.

Mr. Huang co-founded Katalyst Chartered Professional Accountants and has extensive experience in business consulting, mergers and acquisitions, and corporate restructuring. The Company expressed gratitude to Mr. Good and Mr. Hanson for their contributions.

The audit committee has been restructured with Mr. Huang taking over as Chair. The current audit committee members are Mr. Huang, Mr. He, and Mr. Leighton Bocking. Additionally, the Company has granted 4,250,000 stock options, each exercisable at $0.06 per share and expiring in three years.