FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
Terra Nova Gold Corp.
(Translation of registrant’s name into English)
Suite 1360, 605 Robson Street, Vancouver, BC Canada V6B 5J3
(Address of principal executive officer)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-Fü Form 40-F ________
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes________ No::ü
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_________.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Terra Nova Gold Corp.
Registrant
Dated:March 25, 2004 By: /s/David Patterson/s/
Title: Chairman
FORM 53-901.F
SECURITIES ACT
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
Item 1. Reporting Issuer
TERRA NOVA GOLD CORP.
1360 – 605 Robson Street
Vancouver, BC V6B 5J3
Item 2. Date of Material Change
March 25, 2004
Item 3. Press Release
News release dated March 25, 2004 was issued in Vancouver, BC and disseminated through Canada Stockwatch and Market News.
Item 4. Summary of Material Change
The Issuer announces that the $700,000 private placement announced on March 4, 2004 has been increased to $743,325. These funds will be raised by the Issuer issuing a total of 2,123,786 units at a price of $0.35 per unit. Each unit is comprised of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Issuer at a price of $0.35 for two years. A portion of the units will be flow through units.
Item 5. Full Description of Material Change
The Issuer announces that the $700,000 private placement announced on March 4, 2004 has been increased to $743,325. These funds will be raised by the Issuer issuing a total of 2,123,786 units at a price of $0.35 per unit. Each unit is comprised of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Issuer at a price of $0.35 for two years. A portion of the units will be flow through units.
Finder's fees may be payable in cash with respect to certain private placement subscribers and in accordance with the policies of the TSX Venture Exchange.
The Private Placement is subject to the approval of the TSX Venture Exchange.
Item 6. Reliance on Section 85(2) of the Act
If the report is being filed on a confidential basis in reliance on Section 85(2) of the Act, state the reasons for such reliance.
N/A.
Item 7. Omitted Information
N/A.
Item 8. Senior Officers
DAVID PATTERSON
CHARIMAN Telephone: (604) 684-0561
Item 9. Statement of Senior Officer
The foregoing accurately discloses the material change referred to herein.
DATEDat Vancouver, British Columbia, this 25thday of March, 2004.
TERRA NOVA GOLD CORP.
Per:
"David Patterson"
David Patterson,
Chairman