VANCOUVER, BC / ACCESSWIRE / November 1, 2024 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ)("Alset AI" or the "Company") is pleased to announce the appointment of Cole Stevens as Head of Corporate Development, effective November 1, 2024.

Mr. Stevens brings over a decade of experience in capital markets, corporate finance, business development, and communications. He will continue to serve as President of AllAccess Capital Markets, where he has earned a reputation for excellence in strategic capital markets advisory. His work across industries such as technology, healthcare, real estate, and emerging markets has positioned him as a key advisor to executive teams navigating significant growth phases and business transformations.

At Alset AI, Mr. Stevens will be responsible for overseeing the development and execution of corporate strategy, identifying both organic and inorganic growth opportunities, and establishing strategic partnerships to enhance the Company's position in the AI sector. His leadership will be critical in driving Alset AI's long-term growth strategy and unlocking new opportunities in the evolving AI ecosystem.

"Cole's extensive background in corporate development and strategy, coupled with his hands-on experience in the capital markets landscape, makes him a perfect fit for this role," said Zelong (Roger) He, Interim CEO of Alset AI. "We are excited to welcome him aboard as we continue to accelerate our strategic roadmap."

On behalf of Alset AI Ventures Inc.

"Zelong (Roger) He"

Zelong Roger He
Interim Chief Executive Officer

About Alset AI Ventures Inc.

Alset AI Ventures Inc. is an investment issuer that is focused on investments in the technology industry, including but not limited to artificial intelligence. The Company is led by an experienced, entrepreneurial group of executives having a diverse industry and capital markets background.

For further information about Alset AI Ventures Inc., please contact:

Zelong (Roger) He, Interim CEO and Director
T: 778.223.8853
E: roger@alsetai.com

Neither 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.

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, expectations regarding the appointment of Cole Stevens as Head of Corporate Development, including anticipated contributions to Alset AI Ventures Inc. ("Alset AI" or the "Company") through corporate strategy development, the identification of growth opportunities, and strategic partnerships aimed at advancing Alset AI's position in the AI sector. Forward-looking statements reflect management's current beliefs and assumptions based on available information as of the date of this release. However, these statements are subject to risks and uncertainties that could cause actual outcomes to differ materially from those anticipated, including, but not limited to, Alset AI's ability to execute its growth strategy, realize anticipated synergies, adapt to evolving market conditions, and secure financing. Additional risks include competition within the AI sector, regulatory changes, technological advancements, and other factors detailed in the Company's filings on SEDAR+. While the Company believes the assumptions underlying these forward-looking statements are reasonable, there can be no assurance that the anticipated results will occur as projected or at all. Alset AI disclaims any obligation to update or revise any forward-looking statements, except as required by applicable law.

SOURCE: Alset AI Ventures Inc.