U.S. SECURITIES AND EXCHANGE COMMISSION

(Mark One)

[ x ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES

For the quarterly period ended:	March 31, 2003

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES

For the transition period from ___to ___

Commission file number 0-17232

TERRA NOSTRA TECHNOLOGY LTD.



|NEVADA                                                        | 86-0875500                      
|------------------------------------------------------------- | --------------------------------
|(State or other jurisdiction ofincorporation or organization) | (IRS EmployerIdentification No.)

Suite 740, 2160 rue de la Montagne,

(514) 285-4433

Formerly TERRA NOSTRA RESOURCES LTD.

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes X	No

State the number of shares outstanding of each of the issuer's classes of common equity, as of the last practicable date:

29,528,900 shares of common stock, $0.001 par value, as of May 11, 2003

Transitional Small Business Disclosure Format (check one):	Yes  No X

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The accompanying unaudited condensed financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-QSB and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the three month periods ended March 31, 2003 and 2002 are not necessarily indicative of the results that may be expected for the year ending December 31, 2003. For further information refer to the financial statements and footnotes thereto included in the Company's Annual Financial Statements filed on Form 10-KSB filed with the Securities and Exchange Commission on April 15, 2003.

2

TERRA NOSTRA TECHNOLOGY LTD.(FORMERLY KNOWN AS TERRA NOSTRA RESOURCES LTD.)(A DEVELOPMENT STAGE COMPANY)BALANCE SHEET

|                                                                                                                                                         |  |           |   | March 31, 2003(Unaudited) |   | December 31, 2002(Audited)
|-------------------------------------------------------------------------------------------------------------------------------------------------------- |  | --------- | - | ------------------------- | - | --------------------------
|ASSETS                                                                                                                                                  
|Current Assets                                                                                                                                           |  |           |   |                           |   |                           
|Cash                                                                                                                                                     |  |           | $ | 8,187                     | $ | 2,665                     
|Accounts receivable                                                                                                                                      |  |           |   | 18,640                    |   | 4,518                     
|Loan receivable                                                                                                                                          |  |           |   | 5,000                     |   | 5,000                     
|Prepaid Expenses                                                                                                                                         |  |           |   | 2,875                     |   | 1,193                     
|Total Current Assets                                                                                                                                     |  |           |   | 34,702                    |   | 13,376                    
|                                                                                                                                                         |  |           |   |                           |   |                           
|Property and Equipment                                                                                                                                   |  |           |   |                           |   |                           
|Equipment                                                                                                                                                |  |           |   | 82,281                    |   | --                        
|Oil and gas leases                                                                                                                                       |  |           |   | 63,424                    |   | 63,330                    
|Less: accumulated depletion and impairment                                                                                                               |  |           |   | (63,434)                  |   | (63,330)                  
|Total Fixed Assets                                                                                                                                       |  |           |   | 82,281                    |   | --                        
|Goodwill                                                                                                                                                 |  |           |   | 8,944,753                 |   | --                        
|                                                                                                                                                         |  |           |   |                           |   |                           
|Total Assets                                                                                                                                             |  |           | $ | 9,061,736                 | $ | 13,376                    
|                                                                                                                                                         |  |           |   |                           |   |                           
|LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                    
|                                                                                                                                                         |  |           |   |                           |   |                           
|Current Liabilities                                                                                                                                      |  |           |   |                           |   |                           
|Accounts payable                                                                                                                                         |  |           | $ | 207,852                   | $ | 147,544                   
|Accounts payable (related party)                                                                                                                         |  |           |   | --                        |   | 3,864                     
|Accrued expenses                                                                                                                                         |  |           |   | 500                       |   | 4,845                     
|Deferred income                                                                                                                                          |  |           |   | 19,241                    |   | --                        
|Loans payable                                                                                                                                            |  |           |   | 11,555                    |   | --                        
|Total Current Liabilities                                                                                                                                |  |           |   | 239,148                   |   | 156,253                   
|Future Site Restoration                                                                                                                                  |  |           |   | 4,552                     |   | 4,484                     
|                                                                                                                                                         |  |           |   |                           |   |                           
|Stockholders' Equity
Common Stock - authorized 100,000,000 shares of 0.001 par value; 29,528,900 and 14,528,900 issued and outstanding for 2003 and 2002 |  | 9,150,710 |   | 150,710                  
|Proceeds due from the issue of common stock                                                                                                              |  |           |   | (9,034)                   |   | (14,764)                  
|Accumulated deficit                                                                                                                                      |  |           |   | (323,640)                 |   | (283,307)                 
|Total Stockholders' Equity                                                                                                                               |  |           |   | 8,818,036                 |   | (147,361)                 
|                                                                                                                                                         |  |           |   |                           |   |                           
|Total Liabilities and Stockholders' Equity                                                                                                               |  |           | $ | 9,061,736                 | $ | 13,376                    

F-1

TERRA NOSTRA TECHNOLOGY LTD.

|                                                                             |   | Quarter ended March 31, 2003(Unaudited) |   | Quarter ended March 31, 2002(Unaudited) |   | From Inception (February 7, 1994) through March 31, 2003(Unaudited)
|---------------------------------------------------------------------------- | - | --------------------------------------- | - | --------------------------------------- | - | -------------------------------------------------------------------
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Revenues                                                                     |   |                                         |   |                                         |   |                                                                    
|Petroleum & natural gas (net of royalties)                                   | $ | 519                                     | $ | 1,073                                   | $ | 30,806                                                             
|Insecticides                                                                 |   | 605                                     |   | --                                      |   | 605                                                                
|                                                                             |   |                                         |   |                                         |   |                                                                    
|                                                                             |   | 1,124                                   |   | 1,073                                   |   | 31,411                                                             
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Costs and Expenses                                                           |   |                                         |   |                                         |   |                                                                    
|Petroleum and natural gas related costs (including depletion and impairment) |   | 733                                     |   | 629                                     |   | 69,972                                                             
|Insecticides                                                                 |   | 453                                     |   | --                                      |   | 453                                                                
|Legal                                                                        |   | 830                                     |   | --                                      |   | 25,637                                                             
|Consulting fees                                                              |   | 8,766                                   |   | 12,400                                  |   | 97,119                                                             
|Other Administrative expenses                                                |   | 30,675                                  |   | 2,014                                   |   | 155,325                                                            
|                                                                             |   | 41,457                                  |   | 15,043                                  |   | 348,506                                                            
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Earnings (Loss) from operations                                              |   | (40,333)                                |   | (13,970)                                |   | (317,095)                                                          
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Other income and expenses                                                    |   |                                         |   |                                         |   |                                                                    
|Write off loan receivable                                                    |   | --                                      |   | --                                      |   | (7,056)                                                            
|Business tax refund                                                          |   | --                                      |   | --                                      |   | 511                                                                
|                                                                             |   | (40,333)                                |   | (13,970)                                |   | (323,640)                                                          
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Provision for income taxes                                                   |   | --                                      |   | --                                      |   | --                                                                 
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Net Income (Loss)                                                            | $ | (40,333)                                | $ | (13,970)                                | $ | (323,640)                                                          
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Net Income (Loss) per Common Share                                           | $ | (0.003)                                 | $ | (0.001)                                 | $ | (0.05)                                                             
|                                                                             |   |                                         |   |                                         |   |                                                                    
|Weighted Average Number of Common Shares Used in Calculation                 |   | 15,402,233                              |   | 10,920,278                              |   | 6,082,173                                                          



TERRA NOSTRA TECHNOLOGY LTD.(FORMERLY KNOWN AS TERRA NOSTRA RESOURCES LTD.)(A DEVELOPMENT STAGE COMPANY)STATEMENTS OF CASH FLOWS

|                                                             |  | Quarter ended March 31, 2003(Unaudited) |  | Quarter ended March 31, 2002(Unaudited) |  | From Inception (February 7, 1994) through March 31, 2003(Unaudited)
|------------------------------------------------------------ |  | --------------------------------------- |  | --------------------------------------- |  | -------------------------------------------------------------------
|                                                             |  |                                         |  |                                         |  |                                                                    
|Cash From Operating Activities:                              |  |                                         |  |                                         |  |                                                                    
|Net (loss) from continuing operations                        |  | (40,333)                                |  | (13,631)                                |  | (323,640)                                                          
|Reconciling adjustments                                      |  |                                         |  |                                         |  |                                                                    
|Depreciation and amortization                                |  | 68                                      |  | 74                                      |  | 67,882                                                             
|Changes in operating assets and liabilities                  |  |                                         |  |                                         |  |                                                                    
|Accounts receivable                                          |  | (1,456)                                 |  | (1)                                     |  | (6,078)                                                            
|Prepaid Expenses                                             |  | (1,262)                                 |  | --                                      |  | (2,455)                                                            
|Accounts payable and accrued expenses                        |  | 32,415                                  |  | (2,319)                                 |  | 191,330                                                            
|Net Cash Flows From Operating Activities                     |  | (10,568)                                |  | (15,877)                                |  | (72,961)                                                           
|                                                             |  |                                         |  |                                         |  |                                                                    
|Cash From Investing Activities:                              |  |                                         |  |                                         |  |                                                                    
|Loans receivable                                             |  | --                                      |  | (40,501)                                |  | (5,000)                                                            
|Acquisition of oil and gas properties                        |  | --                                      |  | --                                      |  | (53,330)                                                           
|Net Cash Flows From Investing Activities                     |  | --                                      |  | (40,501)                                |  | (58,330)                                                           
|                                                             |  |                                         |  |                                         |  |                                                                    
|Cash From Financing Activities:                              |  |                                         |  |                                         |  |                                                                    
|Issue of common stock                                        |  | 165                                     |  | 76,500                                  |  | 140,625                                                            
|Loans payable                                                |  | 10,195                                  |  | --                                      |  | 10,195                                                             
|Investor deposits                                            |  | --                                      |  | 500                                     |  | --                                                                 
|Proceeds due from the issue of common stock                  |  | 5,730                                   |  | --                                      |  | (11,592)                                                           
|Shareholders' loan                                           |  | --                                      |  | (12,793)                                |  | 250                                                                
|Net Cash Flows From Financing Activities                     |  | 16,090                                  |  | 64,207                                  |  | 139,478                                                            
|                                                             |  |                                         |  |                                         |  |                                                                    
|Net change in cash and cash equivalents                      |  | 5,522                                   |  | 7,829                                   |  | 8,187                                                              
|Cash at beginning of period                                  |  | 2,665                                   |  | 475                                     |  | --                                                                 
|Cash at end of period                                        |  | 8,187                                   |  | 8,304                                   |  | 8,187                                                              
|                                                            
|Supplementary disclosure of cash flow transactions           |  |                                         |  |                                        
|Non Cash Investing and Financing Activities                  |  |                                         |  |                                        
|Movement in Shareholders' loan                               |  | --                                      |  | --                                      |  | 25,653                                                             
|Common stock issued in part settlement of shareholders' loan |  | --                                      |  | --                                      |  | 250                                                                
|Cash received                                                |  | --                                      |  | --                                      |  | 25,903                                                             
|                                                             |  |                                         |  |                                         |  |                                                                    
|Oil & gas leases acquired through the issuance of shares     |  | --                                      |  | --                                      |  | 10,000                                                             
|                                                             |  |                                         |  |                                         |  |                                                                    
|Acquisition of Corporation CCIP Inc.                         |  |                                         |  |                                         |  |                                                                    
|Common stock issued to acquire CCIP                          |  | 9,000,000                               |  | --                                      |  | 9,000,000                                                          
|Assets and Liabilities acquired:                             |  |                                         |  |                                         |  |                                                                    
|Cash                                                         |  | 165                                     |  | --                                      |  | 165                                                                
|Accounts Receivable                                          |  | 12,666                                  |  | --                                      |  | 12,666                                                             
|Prepaid expenses                                             |  | 420                                     |  | --                                      |  | 420                                                                
|Equipment                                                    |  | 82,281                                  |  | --                                      |  | 82,281                                                             
|Accounts payable                                             |  | (19,684)                                |  | --                                      |  | (19,684)                                                           
|Deferred income                                              |  | (19,241)                                |  | --                                      |  | (19,241)                                                           
|Loan payable                                                 |  | (1,360)                                 |  | --                                      |  | (1,360)                                                            
|                                                             |  | 55,247                                  |  | --                                      |  | 55,247                                                             
|                                                             |  |                                         |  |                                         |  |                                                                    
|Goodwill on acquisition                                      |  | 8,944,753                               |  | --                                      |  | 8,944,753                                                          

F-3 to F-4

TERRA NOSTRA TECHNOLOGY LTD.

STATEMENT OF SHAREHOLDERS' EQUITY

(Unaudited)



|                                                         | Common Stock |          
|-------------------------------------------------------- | ------------ | ---------
|                                                         | Shares       | Amount   
|Balance at December 31, 2000                             | 981          | 22,570   
|Issue of Common Stock                                    | 19           | 250      
|Net (loss) - year 2001                                   | --           | --       
|Balance at December 31, 2001                             | 1,000        | 22,820   
|Forward split at 7500:1                                  | 7,500,000    | 22,820   
|Issue of Common Stock                                    | 7,028,900    | 117,890  
|Proceeds due from the issue of common stock              | --           | (14,764) 
|Stock issued to acquire oil & gas leases                 | 40,000       | 10,000   
|Loss for the year                                        | --           | --       
|Balance at December 31, 2002                             | 14,568,900   | 135,946  
|Issue of Common Stock                                    | 15,000,000   | 9,000,000
|Reduction in proceeds due from the issue of common stock | --           | 5,730    
|Loss                                                     | --           | --       
|Balance at March 31, 2003                                | 29,568,900   | 9,141,676

F-5

TERRA NOSTRA TECHNOLOGY LTD.

Notes to Unaudited Financial Statements

March 31, 2003

Note 1 - Management's Statement

The financial statements included herein have been prepared by Terra Nostra Technology Ltd. (the "Company") without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted as allowed by such rules and regulations, and the Company believes that the disclosures are adequate to make the information presented not misleading. It is suggested that these financial statements be read in conjunction with the December 31, 2002, audited financial statements and the accompanying notes included in the Annual Report on Form 10-KSB. While management believes the procedures followed in preparing these financial statements are reasonable, the accuracy of the amounts are in some respect's dependent upon the facts that will exist, and procedures that will be accomplished by the Company later in the year.

The management of the Company believes that the accompanying unaudited financial statements contain all adjustments (including normal recurring adjustments) necessary to present fairly the operations and cash flows for the periods presented.

Note 2 - Summary of Significant Accounting Policies

Organization and Operations

The Company was incorporated as Renegade Recreational Rentals Inc. under the laws of the State of Nevada on February 7, 1994 for the purpose of renting jet boats. The Company's Charter was revoked on November 1, 1996 and subsequently re-instated on October 11, 2000. The Company's name was changed to Terra Nostra Resources Ltd. on January 25, 2002 and further changed to Terra Nostra Technology Ltd. on April 2, 2003

The Company owns interests in producing oil and gas properties located in Washington County, Colorado and exploration oil and gas leases in Rosebud County, Montana.

Note 3 - Acquisition of Corporation CCIP Inc.

On March 26, 2003, the Company entered into a Share Exchange Agreement whereby it acquired all of the issued and outstanding shares of capital stock of Corporation CCIP Inc., a private Quebec, Canada corporation ("CCIP"), which consists of 100 Class A shares and 115,000 Class B shares. Under the terms of the acquisition, 15,000,000 common shares of the Company's Stock were issued to the shareholders of CCIP for a value of $9,000,000 ($0.60per share). The issuance and delivery of the Company's shares pursuant to the acquisition will take place on April 4, 2003.

CCIP offers viral bio insecticides produced by them on the North American market. CCIP owns the rights on three viral bio insecticides products registered in Canada.

F-6

ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS

Certain information in this report, including the following discussion, may include forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. The Company intends the disclosure in these sections and throughout this report on Form 10-QSB to be covered by the safe harbor provisions for forward-looking statements. All statements regarding the Company's expected financial position and operating results, its business strategy, its financing plans, and the outcome of any contingencies are forward-looking statements. These statements can sometimes by identified by the Company's use of words such as "may", "believe", "plan", "will", "anticipate", "estimate", "expect", "intend", and other phrases of similar meaning. Known and unknown risks, uncertainties and other factors could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and was derived using numerous assumptions.

CHANGES IN FINANCIAL CONDITION

Due to the acquisition of CCIP Corporation on March 26, 2003, the financial condition of Terra Nostra Technology Ltd. has changed significantly. As of December 31, 2002, the Company had total assets of $13,376. As a result of the acquisition of CCIP, the Company has total assets of $9,061,736. Almost all of the increase in the Company's assets is due to goodwill in the amount of $8,944,753 which relates to the deemed value of $9,000,000 ascribed to the 15,000,000 shares of common stock issued by the Company to acquire all of the outstanding shares of CCIP. The Company's cash and cash equivalents increased from $2,665 on December 31, 2002 to $8,187 on March 31, 2003 and there was an increase in accounts receivable from $4,518 on December 31, 2002 to $18,640 on March 31, 2003.

The Company's management believes that the operations of CCIP Corporation will generate sufficient revenues to meet the operating expenses of Terra Nostra and CCIP. The Company will need to raise approximately $500,000USD to finance the expansion of CCIP. There are no guarantees that such financing can be achieved at this time. The Company has not entered into discussions with any particular funding source regarding such fundraising.

Balance Sheet Data:

|                           |   | March 31, 2003 |   | December 31, 2002
|-------------------------- | - | -------------- | - | -----------------
|Cash and cash equivalents  | $ | 8,187          | $ | 2,665            
|Account receivable         | $ | 18,640         | $ | 4,518            
|Loan receivable            | $ | 5,000          | $ | 5,000            
|Prepaid expenses           | $ | 2,875          | $ | 1,193            
|Other assets               | $ | 82             | $ | -                
|Goodwill                   | $ | 8,944,753      | $ | -                
|Oil and gas leases         | $ | -              | $ | -                
|Total assets               | $ | 9,061,736      | $ | 13,376           
|Total stockholders' equity | $ | 8,818,036      | $ | (147,361)        

RESULTS OF OPERATIONS

Revenues

Terra Nostra earned revenues of $1,124 for the three months ended March 31, 2003, with revenues during the same period from the previous year being $1073. Our revenue was derived from oil production from the Company's producing well.	.

3

Expenses

|                                           | THREE MONTH PERIOD ENDED MARCH 31, 2003 | THREE MONTH PERIODENDED MARCH 31, 2002
|------------------------------------------ | --------------------------------------- | --------------------------------------
|Net Sales                                  | $1,124                                  | $1,073                                
|Loss from operations                       | ($40,333)                               | $(13,970)                             
|Net Income (loss)                          | ($40,333)                               | $(13,970)                             
|Net Income (loss) per common share         | ($0.003)                                | $0.001                                
|Weighted average common shares outstanding | 15,402,233                              | 10,920,278                            

During the three months ended March 31, 2003 and 2002, we incurred operating expenses of $41,457 and $15,043, respectively. The following table provides a breakdown of operating expenses by category.

General Operating Expenses

|                              | THREE MONTH PERIOD ENDED MARCH 31, 2003 | THREE MONTH PERIOD ENDED MARCH 31, 2002
|----------------------------- | --------------------------------------- | ---------------------------------------
|Legal fees                    | $ 830                                   | $ -                                    
|Consulting fees               | $ 8,766                                 | $ 12,400                               
|Other administrative expenses | $ 30,675                                | $ 2,014                                
|TOTAL                         | $ 41,457                                | $ 15,043                               

Other administrative expenses have increased substantially during the first three months of 2003, compared to the same period in 2002. This is primarily due to the activities undertaken by management in seeking acquisition opportunities and the results of operations of CCIP during the period from the Company's acquisition of CCIP. As we continue the operations of CCIP, we anticipate our administrative expenses will continue to increase.

LIQUIDITY AND CAPITAL RESOURCES

As of March 31, 2003 we had cash of $8,187 and a working capital deficit of ($323,640), compared to cash of $2,665 and a working capital deficit of ($283,307) at December 2002.

Funds used in operations for the first three months of 2003 were $10,568, compared to funds provided from operations of $15,877 for the first three months of 2002.

Since inception, we have financed operations primarily through sales of equity securities and shareholder loans and have raised a total of $139,478, with $16,090 raised for the three month period ended March 31, 2003.

Our current operating cash expenditures are expected to be approximately $15,000.00 per month.

We anticipate that we will be required to raise additional funds to finance our current plan of growth and existing operations through the next twelve months. Our principal source of capital has been equity financing from investors and our founders. Meeting our future financing requirements is dependent on access to equity and debt capital markets. We may not be able to raise additional equity when required or on favorable terms that are not dilutive to existing shareholders or obtain loans that have terms and conditions that the Company can perform under.

4

FINANCING ACTIVITIES

From February 15, 2002, through May 3, 2002, Terra Nostra conducted a private placement of its securities under Rule 506 of Regulation D promulgated by the Securities and Exchange Commission under the Securities Act of 1933. From this private placement, Terra Nostra raised $52,890 from the sale of 528,890 shares of its common stock, par value $0.001. Terra Nostra used these funds to retire $27,690 of aged debt and to pay operating expenses of $25,200.

REPORT OF MANAGEMENT'S RESPONSIBILITY

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosedin our Exchange Act reports is recorded, processed, summarized and reported withinthetime periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

Within 90 days prior to the date ofthis report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rule 13a-14. Based upon the foregoing, our Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures are effective in connection with the filing of this Quarterly Report on Form 10-QSB for the quarter ended March 31, 2003.

There were no significant changes in our internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any significant deficiencies or material weaknesses of internal controls that would require corrective action.

Prior to the filing date of this quarterly report, the Company had not adopted a complete set of written policies, controls and procedures. The Company is now developing such written document and expects that in the process of such undertaking it will discover internal control policies and practices that the Company should implement and follow that are not part of its current practice.

PART II - OTHER INFORMATION

ITEM 1. 	LEGAL PROCEEDINGS

Not Applicable

ITEM 2.	CHANGES IN SECURITIES

On March 26, 2003, the Company entered into an agreement for the issuance of 15 million shares of its common stock to 9126-2238 Quebec Inc., a private company controlled by Mr. Louis Nadeau. These shares were issued on April 4, 2003

ITEM 3.	DEFAULT UPON SENIOR SECURITIES

Not Applicable

5

ITEM 4. 	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not Applicable

ITEM 5.	OTHER INFORMATION

On March 26, 2003, the Company entered into a Share Exchange Agreement whereby it acquired all of the issued and outstanding shares of capital stock of CCIP, which consists of 100 Class A shares and 115,000 Class B shares (the "Acquisition"). Under the terms of the Acquisition, fifteen million (15,000,000) common shares of the Company's Stock were issued to the shareholders of CCIP for a value of 9,000,000 $ US or 0.60 $ per share. The issuance and delivery of the Company's shares pursuant to the Acquisition will take place on April 4, 2003.

CCIP is the only corporation offering viral bio insecticides produced by them on the North American market. CCIP owns the rights on three viral bio insecticides products registered in Canada.

One of these registered products is used to control the American, European and Asian gypsy moth. It is the only viral bio insecticide for gypsy moth on the market and offers a significant cost savings versus chemicals products. The products produced by CCIP are natural and do not interfere in the biology of the plants or other animals or insects.

CCIP's products developed for the North American market are very promising for the international market. The South American and Asian markets are particularly interesting for agricultural products since very often the devastating insects from those regions are similar to those in North American. The first product in that will be commercialized in Asia is Disparvirus, which is used against the gypsy moth. CCIP believes that this product can be adapted for the use in other country in the world. CCIP has the capacity and expertise to develop other viral bio insecticide for specific needs.

ITEM 6.	EXHIBITS AND REPORTS ON FORM 8-K

1. Exhibits -



6





SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

TERRA NOSTRA TECHNOLOGY LTD.

Date: May 20, 2003

By:/s/ Regis Bosse
Name: Regis Bosse Title: President

SECTION 302 CERTIFICATIONS



I, Regis Bosse, certify that:

1. I have reviewed this quarterly report of Terra Nostra Resources, Ltd.

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this quarterly report;

4. As the Registrant's sole certifying officer, I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the Registrant and I have:

- designed such disclosure controls and procedures to ensure that material information relating to the Registrant is made known to me by others within the Registrant, particularly during the period in which the quarterly report is being prepared;

- evaluated the effectiveness of the Registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and

- presented in this quarterly report my conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation of the Evaluation Date.

5. I have disclosed, based on my most recent evaluation, to the Registrant's auditors:

- all significant deficiencies in the design or operation of internal controls which could adversely affect the Registrant's ability to record, process, summarize and report financial data and have identified for the Registrant's auditors any material weakness in internal controls; and

- Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal controls.

6. I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of my most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Date: May 20, 2003



|By: /s/ Regis Bosse
Name: Regis Bosse
Title: President (Principal Executive Officer and Principal Accounting Officer)
|---------------------------------------------------------------------------------------------------------------------

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________________________

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350, 
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



In connection with the Quarterly Report of Terra Nostra Technology Ltd. (the "Company") on Form 10-QSB for the period ended March 31, 2003 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Regis Bosse, President and acting CFO, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)	The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.





Date: May 20, 2003



|By: /s/ Regis Bosse
Name: Regis Bosse
Title: President and Acting CFO
|---------------------------------------------------------------------

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