Alset Minerals : appoints Zapata as CFO

ALSET APPOINTS GILBERTO ZAPATA CASTANEDA AS CHIEF FINANCIAL OFFICER

Alset Minerals Corp. has appointed Gilberto Zapata Castaneda as the new chief financial officer, replacing Albert Wu, who has resigned from his chief financial officer duties to retire.

Alset Minerals' president and chief executive officer, Allan Barry Laboucan, said: 'I'm saddened to accept Albert's resignation from the position of chief financial officer. He joined not long after I took over as chief executive officer and has been instrumental in the management transition and helping me run the company. It is also exciting to bring Gilberto in as our new chief financial officer; he has been a key leader of our efforts in Mexico, he is a director of Alset, has an MBA and took on the interim role of chief financial officer recently; I'm pleased to make it permanent. On behalf of the board, I would like to thank Albert for all his contributions to Alset and welcome Gilberto into the role of chief financial officer.'

About Alset Minerals Corp.

Alset Minerals is a TSX Venture Exchange-listed junior exploration company focused on exploring and development of a group of high-grade lithium and potassium projects in the Central Mexican plateau. The company, in November, 2017, added nearly one million acres of lithium prospective salars, through staking, also in Mexico. Alset has a growing portfolio of 100-per-cent-owned lithium prospective salars in the states of San Luis Potosi, Zacatecas and Coahuila in Mexico. With the November, 2017, staking, the company now has more than one million acres of lithium prospective salars in mining-friendly Mexico with roads and power up to the salars.

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