Click to access NR-May-26-2016.pdf

Thunder Bay, Ontario: Alset Energy Corp. (TSXV: ION) (“Alset” or “the Company”) is pleased to announce that the Company has formed a specialty committee and hired expert personnel to help with the evaluation, advancement and potential development of the lithium-, potassium- and boron-rich salars in which the Company has an option to purchase under the previously announced binding Letter of Intent (“LOI”) from Litio Mex, S.A.de C.V. of Zacatecas, Mexico (see PR DATED April 19, 2016).  The new committee will be led by Mr. Tim Oliver, previously of Lithium-X Energy Corp. and will be joined by Mr. David Hawkins and Mr. Brian Robertson.