Alset Capital Inc. Announces Extended Engagement of Corporate Awareness Providers, Including US and German Providers

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VANCOUVER, BC / ACCESSWIRE / May 14, 2024 / Alset Capital Inc. (TSXV:KSUM)(OTC PINK:ALSCF)(FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company") is pleased to announce that it has extended its engagements of multiple corporate awareness providers, including Omni8 Communications Inc. DBA Omni8 Global ("OMNI8"), Shore Thing Media LLC ("STM"), and Aktiencheck.de AG ("Aktiencheck") (Together referred to as the "Corporate Awareness Providers").

"We are pleased to engage Corporate Awareness Providers as part of our ongoing efforts to enhance our visibility and strengthen our corporate communications program." said Morgan Good, CEO of Alset. "We believe that a robust corporate communications strategy is essential in increasing our shareholder base and overall awareness of our Company's endeavors."

OMNI 8

Further to the Company's news release of March 27, 2024, the Company has extended its engagement (the "OMNI8 Extended Term") of OMNI8 Communications Inc. to assist Alset to develop a corporate marketing strategy and provide marketing and public relations advisory services, help coordinate marketing, news flow and events, making introductions to Omni8's network of media contacts, internet and social media marketers and other such providers, as well as to assistwith various other public relations efforts. Alset shall pay OMNI8 a total of CAD $100,000 for the OMNI8 Extended Term, which shall run for a period of 2 months and shall commence on the later of May 8, 2024 and the date the OMNI8 Extended Term is accepted for filing by the TSX Venture Exchange. OMNI8 is a British Columbia based company and is headed by Ryan Johnson.

As of the date hereof, to the Company's knowledge, OMNI8 (including its directors and officers) does not own any securities of the Company and has an arm's length relationship with the Company. The Company will not issue any securities to OMNI8 as compensation for its marketing services. For more information on the Company's engagement of OMNI8, please refer to its news release of March 27, 2024.

Shore Thing Media

Further to the Company's news release of March 27, 2024, the Company has extended it engagement (the "STM Extended Term") of Shore Thing Media LLC to coordinate with the Company's management concerning marketing ideas, re-distribution of press releases and memorandum describing the Company's business together with such other materials as may be reasonably required for marketing of the Company.