Alset Appoints Gilberto Zapata Castaneda as Chief Financial Officer
ALSET MINERALS CORP.
Suite 1400 – 1040 West Georgia Street Vancouver, BC V6E 4H8 Tel: 604-505-4753 www.alsetenergy.ca
ALSET APPOINTS GILBERTO ZAPATA CASTANEDA AS CHIEF FINANCIAL OFFICER
December 5, 2017
Vancouver, British Columbia: Alset Minerals Corp. (TSXV: ION) (“Alset” or “the Company”) appoints Gilberto Zapata Castaneda as the new Chief Financial Officer (CFO), replacing Albert Wu who has resigned from his CFO duties to retire.
Alset Minerals President and Chief Executive Officer Allan Barry Laboucan said: “I’m saddened to accept Albert’s resignation from the position of CFO. He joined not long after I took over as CEO and has been instrumental in the management transition and helping me run the Company. It is also exciting to bring Gilberto in as our new CFO, he has been a key leader of our efforts in Mexico, he is a director of Alset, has an MBA and took on the interim role of CFO recently, I’m pleased to make it permanent. On behalf of the board I would like to thank Albert for all his contributions to Alset and welcome Gilberto into the role of CFO.”
About Alset Minerals Corp. (ION.V)
Alset Minerals Corp. is a TSX-V listed junior exploration company focused on exploring and development of a group of high-grade lithium and potassium projects in the Central Mexican Plateau. The Company in November 2017 added nearly one million acres of lithium prospective salars, through staking, also in Mexico. Alset has a growing portfolio of 100-per-cent owned lithium prospective salars in the states of San Luis Potosi, Zacatecas and Coahuila, Mexico. With the November 2017 staking the Company now has more than one million acres of lithium prospective salars in mining-friendly Mexico with roads and power up to the salars.
On behalf of the Board of Directors of Alset Minerals Corp.,
"Allan Barry Laboucan"
Allan Barry Laboucan, President and CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections
For further information please contact
Corporate Communications
Telephone: 1-604-505-4753
www.alsetminerals.com