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:May 27, 2004 By: /s/Harvey Keats/s/
Title: President
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
May 27, 2004
Item 3. Press Release
News release dated May 27, 2004 was issued in Vancouver, BC and disseminated through Stockwatch and Market News.
Item 4. Summary of Material Change
The Issuer announces the closing of its private placement totalling $706,325. These funds were raised by the Company issuing 2,018,070 units at a price of $0.35 per unit, each unit consisting of one common share and one non-transferable share purchase warrant. Of the 2,018,070 units issued, 336,785 areflow-through units. Each unit is comprised of one common share and one share purchase warrant entitling the holder to purchase one additional common share of Terra Nova at a price of $0.35 per share until May 10, 2006.
Item 5. Full Description of Material Change
The Issuer announces the closing of its private placement totalling $706,325. These funds were raised by the Company issuing 2,018,070 units at a price of $0.35 per unit, each unit consisting of one common share and one non-transferable share purchase warrant. Of the 2,018,070 units issued, 336,785 areflow-through units. Each unit is comprised of one common share and one share purchase warrant entitling the holder to purchase one additional common share of Terra Nova at a price of $0.35 per share until May 10, 2006.
Finder’s fees totalling $20,498 cash were paid by the Company as consideration for arranging a portion of the private placement.
The shares, and any shares to be issued upon the exercise of the warrants, are subject to a hold period expiring September 11, 2004.
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
HARVEY KEATS
PRESIDENT Telephone: (604) 684-0561
Item 9. Statement of Senior Officer
The foregoing accurately discloses the material change referred to herein.
DATED at Vancouver, British Columbia, this 27th day of May, 2004.
TERRA NOVA GOLD CORP.
Per:
“Harvey Keats”
Harvey Keats,
President