SpotLite360 IOT Solutions, Inc. Provides Corporate Update

DENVER and VANCOUVER, June 05, 2023 (GLOBE NEWSWIRE) — SPOTLITE360 IOT SOLUTIONS, INC, (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt:87A) an emerging supply chain technology solutions company, advises that further to the termination of the agreement and relationship with E3 Service Group, LLC (“E3”) announced on February 22, 2023, the Company has now returned all 20 million common shares previously issued to the shareholders of E3 for cancellation in exchange for the return of its 51% equity interest in E3. The Company has no remaining equity interest in E3.

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