Early Warning News Release Regarding the Acquisition of Over 10% of the Common Shares of Alset AI Ventures Inc.

Randy Gilling has acquired 384,615 common shares of Alset AI Ventures Inc. (TSXV:GPUS) at $0.13 per share, for a total consideration of $49,999.95.

Rhea-AI Summary

Randy Gilling has acquired 384,615 common shares of Alset AI Ventures Inc. (TSXV:GPUS) at $0.13 per share, for a total consideration of $49,999.95. The transaction was executed on September 26, 2025, through the TSX Venture Exchange.

Following this acquisition, Gilling's ownership increased from 15,348,373 shares (9.90%) to 15,732,988 shares (10.15%) of the company's outstanding common shares on a non-diluted basis. The acquirer cited long-term investment intentions based on confidence in Alset AI's platform, strategy, and future vision.

Positive

• None.

Negative

• Potential for future share sales depending on market conditions
• Increased concentration of ownership may affect stock liquidity

Argus Sep 29 session

+5.15% close to close Open Argus

Details

News Market Reaction – GPUSF

On Sep 29, the day this news came out, GPUSF closed 5.15% above the previous close.

Data tracked by StockTitan Argus for the Sep 29 session.

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This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers ("NI 62-103").

TORONTO, ONTARIO / ACCESS Newswire / September 29, 2025 / On September 26, 2025, Mr. Randy Gilling (the "Acquiror") acquired an aggregate of 384,615 common shares (each, a "Common Share") in the capital of Alset AI Ventures Inc. (the "Company") (TSXV:GPUS) at a price of $0.13 per Common Share for aggregate consideration paid of $49,999.95 (the "Acquisition"). The Acquisition was completed through the purchase of the Common Shares on the facilities of the TSX Venture Exchange.

Prior to completion of the Acquisition, the Acquiror, together with any joint actor (as such term is defined in NI 62-103) beneficially owned or exercised control or direction over, directly or indirectly, an aggregate of 15,348,373 Common Shares, representing approximately 9.90% of the issued and outstanding Common Shares, on a non-diluted basis. Immediately following completion of the Acquisition, the Acquiror, together with any joint actor, beneficially owned or exercised control or direction over, directly or indirectly, an aggregate of 15,732,988 Common Shares, representing approximately 10.15% of the issued and outstanding Common Shares, on a non-diluted basis. The Acquiror does not hold any securities convertible into Common Shares.

The Common Shares are being held by the Acquiror for investment purposes with a long-term view of the investment due to confidence in the Company's platform, strategy and future vision. The Acquiror may, depending on market conditions, the business and prospects of the Company and other relevant factors, increase or decrease its beneficial ownership of Common Shares or other securities of the Company whether in the open market, by privately negotiated agreement or otherwise, in compliance with applicable securities laws.

The Company is located at 701 West Georgia Street, Suite 1420, Vancouver, BC V7Y 1E4. The Acquiror is located at 777-2255B Queen Street East, Toronto, Ontario M4E 1G3. A copy of the early warning report related to the Acquisition will be available under the Company's profile on SEDAR+ at www.sedarplus.ca or may be obtained from the Acquirorat sales@silverbirchgrowth.com.

SOURCE: Alset AI Ventures Inc.

View the original press release on ACCESS Newswire

FAQ

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How many shares of Alset AI Ventures (TSXV:GPUS) did Randy Gilling acquire in September 2025?

Randy Gilling acquired 384,615 common shares at $0.13 per share, for a total investment of $49,999.95.

What is Randy Gilling's total ownership percentage in Alset AI Ventures after the September 2025 purchase?

Following the acquisition, Randy Gilling owns 15,732,988 shares, representing 10.15% of the company's outstanding common shares on a non-diluted basis.

What was the stated purpose of Randy Gilling's investment in Alset AI Ventures?

The investment was made for long-term investment purposes due to confidence in the company's platform, strategy, and future vision.

Does Randy Gilling hold any convertible securities in Alset AI Ventures (TSXV:GPUS)?

No, the acquirer does not hold any securities convertible into Common Shares of Alset AI Ventures.

What was Randy Gilling's ownership percentage in Alset AI before the September 2025 purchase?

Prior to the acquisition, Randy Gilling owned 15,348,373 shares, representing approximately 9.90% of the outstanding common shares.