Alset AI Ventures Initiates Debt Settlement with Share Issuance

Alset AI Ventures Inc., based in Vancouver, has announced an update on its debt settlement strategy. The company plans to issue a total of 2,763,134 common shares at a rate of $0.185 per share. This move is part of an effort to settle previously announced debts. The decision is contingent upon approval from the TSX Venture Exchange. Upon issuance, these shares will be subject to a mandatory hold period lasting four months and one day, aligning with applicable securities laws.

Alset AI Ventures, focused on venture investments in artificial intelligence, aims to provide investors with diverse exposure to rapidly advancing AI technologies. The company continues to address strategic directions and adapt to market conditions, while emphasizing transparency and adherence to regulations in its announcements.