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Friday, 08/10/2018 11:17:12 AM

Friday, August 10, 2018 11:17:12 AM

Post# of 6596
https://backend.otcmarkets.com/otcapi/company/dns/news/document/13975/content

NEWS RELEASE
Enterra Corporation Enters Into Letter of Intent to Acquire VinCompass
Wilmington, DE, March 17, 2015, ENTERRA COPORATION (AUMY) (the “Company” or “Enterra”) entered
into a Letter of Intent (the “LOI”) with VinCompass, a California corporation (“VinCompass”), pursuant to which
the Company contemplates a Share Exchange with VinCompass, the shareholders of VinCompass (the
“VinCompass Shareholders, and the controlling stockholders of the Company (the “Enterra Shareholders”). Subject
to the completion of due diligence and execution of the definitive Share Exchange Agreement by the Company and
VinCompass, the Company expects to acquire 100% of the common stock of VinCompass from the VinCompass
Shareholders, in exchange for the issuance of restricted shares of its common stock to the VinCompass
Shareholders. As a result of the contemplated Share Exchange Agreement, VinCompass will become a whollyowned
subsidiary of the Company and the Company will carry on the business of VinCompass as its primary
business. The definitive Share Exchange Agreement will contain customary representations, warranties and
conditions to closing. The Share Exchange, as set forth in the LOI, contemplates a closing date of April 17, 2015.
The Company will continue to inform shareholders and other interested parties as more details become available.
Cautionary Note Regarding Forward-Looking Statements.
This press release contains statements that constitute forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements appear in a number of places in this release and include all statements that are not statements of
historical fact regarding the intent, belief or current expectations of Enterra Corporation, its directors or its officers
with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of
operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,”
“can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forwardlooking
statements. Investors are cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are beyond Enterra Corporation’s ability to control,
and actual results may differ materially from those projected in the forward looking statements as a result of various
factors. You should not place undue reliance on forward-looking statements since they involve known and unknown
risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and
likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes
no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in these forward-looking statements, even if new
information becomes available in the future. Important factors that could cause actual results to differ materially
from the company's expectations include, but are not limited to, those factors that are disclosed under the heading
"Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities
and Exchange Commission and other regulatory authorities.
To contact the company by e-mail, please use info@enterracorp.com

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