Alset AI Ventures Settles Debt Through Share Issuance

VANCOUVER, British Columbia, September 21, 2026 /CourierPR/ -- Alset AI Ventures Inc., a company focused on AI-focused venture investments, has announced a significant move to settle $511,179.80 in debt through the issuance of 3,098,059 common shares. The company, which operates under the ticker symbols GPUS (TSXV), GPUSF (OTC), 1R61 (FSE), and A428RQ (WKN), is taking this step to manage its financial resources prudently and improve its balance sheet.

According to the company's board of directors, this debt settlement is in the best interest of Alset AI Ventures Inc. By exchanging the debt for shares, the company aims to preserve its cash for ongoing operations and support its overall financial strategy. The shares will be issued at a price of $0.165 per share, totaling $511,179.80 in value.

The debt settlement agreements have been formalized and are subject to approval from the TSX Venture Exchange. The shares issued will be subject to a mandatory hold period of four months and one day from the date of issue, in accordance with applicable securities laws.

Alset AI Ventures Inc. is dedicated to sourcing, funding, and developing companies across the artificial intelligence value chain. The company seeks to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies. This move by Alset AI Ventures Inc. underscores its commitment to maintaining a strong financial position and aligning its operations with strategic goals.

The company's board of directors believes that this transaction will allow Alset AI to focus on its core mission of driving innovation in the AI sector while ensuring financial stability. The debt settlement is part of a broader strategy to optimize the company's financial health and support its long-term growth plans.

This debt settlement is a significant step for Alset AI Ventures Inc. and reflects the company's ongoing efforts to manage its financial resources effectively. The issuance of shares in lieu of cash will help Alset AI maintain its liquidity and continue to invest in promising AI ventures.

Alset AI Ventures Inc. remains committed to its mission of driving innovation in the AI sector and providing investors with diversified exposure to emerging technologies. The company will continue to monitor its financial position and take proactive steps to ensure its long-term success.

Neither the 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.

Cautionary Note regarding Forward Looking Statements This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") regarding the Company, including, but not limited to, statements with respect to the Debt Settlement; and the strategic direction and business plans of the Company. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risks and Uncertainties" in its most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca.