On March 22, 2024, Alset Capital Inc closed the transaction. The company issued 8,150,847 units at a price of CAD 0.15 per unit for aggregate gross proceeds of CAD 1,222,627.05 in its second tranche bringing an aggregate proceeds of CAD 6,000,000 through the Offering. In connection with closing of the second tranche of the Offering, the Company paid finders?

fees of approximately CAD 36,919.99 and issued an aggregate of 223,565 Common Share purchase warrants to eligible finders. Each Finders? Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.15 per Finders?

Warrant Share for a period of 36 months from the date of issuance. The company raised CAD 295,439.166 pursuant to Regulation D in the transaction from 2 investors. The transaction included participation from 82 placees Pro Group Involvement of 7,232,500 shares.

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement.