Alset Capital Inc. announced the appointment of Mr. Leighton Bocking as a member of its Board of Directors, effective immediately. Mr. Bocking has been working in the capital markets for over 18 years and has been particularly focused on financing and restructuring companies. He has held various director roles for public issuers listed in Canada including currently serving as director of Carlyle Commodities Corp.

In addition, he has worked in corporate development capacities at Gold Standard Ventures Corp., an advanced Nevada gold explorer, as well as Timmins Gold Corp. (now Argonaut Gold) which went into production in Mexico. In connection with Mr. Bocking's appointment, the Company also announces that Mr. Cale Thomas has resigned as a director in order to pursue other opportunities.