Enterra : ETER 3Q Rpt FYE 22

ENTERRA CORPORATION

244 5th Avenue, Suite E201 New York New York 10001

USA _______________________________ Phone [phone] (IR extension # 3)

www.enterracorp.com

CUSIP: 29384T101

Quarter Report

For the Quarter Ending: February 28, 2021

(the "Reporting Period")

Issuers SIC Code

The Primary SIC code for the Company is 1000 and there is no secondary SIC code for the Company.

As of May 31, 2021, the number of shares outstanding of our Common Stock was:

95,325,580

As of February 28, 2021, the number of shares outstanding of our Common Stock was: 95,325,580

As of May 31, 2020, the number of shares outstanding of our Common Stock was: 95,325,580

As of quarter end February 28, 2022, the number of shares outstanding of our Common Stock was: 95,325,580

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes: ☒

No: ☐

Indicate by check mark whether the company's shell status has changed since the previous reporting period:Yes: ☐

No: ☒

Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period

1 "Change in Control" shall mean any events resulting in:

(i) Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;

• (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;

• (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or

(iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the

Yes: ☐

No: ☒

1)Name and address(es) of the issuer and its predecessors (if any)

Enterra Corporation(1) (effective on November 13, 2015)

VinCompass Corp.(1) (effective on April 27, 2015)

Enterra Corporation (effective on December 18, 2013)

Auric Mining Company (effective on November 12, 2009)

Focus Affiliates, Inc. (Effective December 8, 2006)

Date and State of Incorporation

The Company was formed under the laws of the State of Delaware on December 8, 2006, under the name Focus Affiliates, Inc. the company since then has gone through names changes as indicated above. On November 3, 2015, the Company amended its articles of incorporation to change its name back to Enterra Corporation following the termination and unwinding of the Share Exchange with VinCompass. The name change was declared effective by FINRA on November 13, 2015. The status of the corporation is current and good standing with the State of Delaware.

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:

None

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

None

The address(es) of the issuer's principal executive office: 244 5th Ave

Suite E 201

NY, NY 10001

The address(es) of the issuer's principal place of business:

Check box if principal executive office and principal place of business are the same address: ☒

Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?

Yes: ☐

No: ☒

If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:

surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

None

2)Security Information

Trading symbol:

Exact title and class of securities outstanding: CUSIP:

Par or stated value:

Total shares authorized: Total shares outstanding:

Number of shares in the Public Float2: Total number of shareholders of record:ETER Common

29384T101

$0.001

200,000,000 as of date: May 31, 2021

95,325,580 as of date: May 31, 2021

87,317,538 as of date: May 31, 2021

318 as of date: May 31, 2021

All additional class(es) of publicly traded securities (if any):

Trading symbol:	ETER
Exact title and class of securities outstanding:	Preferred
CUSIP:	29384T101
Par or stated value:	$0.001
Total shares authorized:	30,000,000 as of date: May 31, 2021
Total shares outstanding:	19,000 as of date: May 31, 2021
Transfer Agent

Name:	New Horizon Transfer Inc.
Phone:	604-876-5526
Email:	[e-mail]
Address:	215-515 West Pender Street
Vancouver, BC V6B 6H5

Is the Transfer Agent registered under the Exchange Act?3 Yes: ☒

3) Issuance History

A. Changes to the Number of Outstanding Shares

No: ☐

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☒

B. Debt Securities, Including Promissory and Convertible Notes

Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.

Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ☒

2 "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

4)Financial Statements

• A. The following financial statements were prepared in accordance with:

  ☒ U.S. GAAP

  ☐ IFRS

• B. The financial statements for this reporting period were prepared by:

  Name: Hunter Strassman

  Title: CPA

  Relationship to Issuer: Contractor

Issuers Fiscal Year End

The Company's fiscal year end is May 31 (beginning in 2015).

ENTERRA CORPORATION

BALANCE SHEETS (US Dollars) (Unaudited)

Quarter Ended

Year Ended

28-Feb-22

28-Feb-21

31-May-21

31-May-20

ASSETS

Current Assets

Bank Accounts

$4,238

$1,004

$35,515

$119

Total Current Assets

4,238

1,004

35,515

119

TOTAL ASSETS

LIABILITIES AND SHAREHOLDERS' DEFICIT

Current Liabilities

Accounts Payable

Due to Related Party Total Current Liabilities

Total Liabilities

$4,238

$1,004

62,987 135,951 198,938 198,938

$35,515

$119

45,830 84,654 130,484 130,484

45,830 45,830

124,821 79,710

170,651 170,651

125,540 125,540

Commitments & ContingenciesShareholders' Deficit

Additional Paid-in Capital (Common & Preferred)

Common Stock, $0.001 par value; 200,000,000 authorized; 95,325,580 shares issued and outstanding

Preferred Stock, $0.001 par value; 30,000,000 authorized; 19,000 shares issued and outstanding

Accumulated Deficit

--32,942,665

95,326

19 (33,232,710)

--32,942,665

95,326

19 (33,167,490)

--32,942,665

95,326

19 (33,173,146)

--32,942,665

95,326

19 (33,163,431)

Shareholders' Deficit

(194,700)

(129,480)

(135,136)

(125,421)TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT

$4,238

$1,004

The accompanying notes are an integral part of these financial statements.

$35,515

$119