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Alset Energy to Acquire 100% Interest in Mexican Salars

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 12, 2017) – Alset Energy Corp. (TSX VENTURE:ION) (“Alset” or “the Company”) is pleased to announce that, subject to regulatory approval, it will accelerate the exercise of its earn in option to acquire the Mexican salar project. Alset and MKG Mining have agreed to amend the original agreement that would have taken a further 5 years for Alset to earn a 100% interest through staged cash payments totaling USD $190,000. It has now been agreed by the parties that MKG Mining will accept shares of the Company instead of cash.