U.S. SECURITIES AND EXCHANGE COMMISSION

FORM 10-QSB

(Mark One)

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

For the quarterly period ended:	September 30, 2002

[ ] 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 RESOURCES LTD.



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

Suite 740, 2160 rue de la Montagne,

(514) 285-4433

(Former name, former address and former fiscal year, if changed since last report)

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:

14,528,900 shares of common stock, $0.001 par value, as of November 11, 2002

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 nine month periods ended September 30, 2002 and 2001 are not necessarily indicative of the results that may be expected for the year ending December 31, 2002. For further information refer to the financial statements and footnotes thereto included in Amendment No. 4 to the Company's Registration Statement on Form 10-SB filed with the Securities and Exchange Commission on June 27, 2002.

2

TERRA NOSTRA RESOURCES LTD.
(FORMERLY KNOWN AS RENEGADE RECREATIONAL RENTALS INC.)
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET



|                                                                                                                                 |   | September 30, 2002(Unaudited) |   | Dec. 31,2001(Audited)
|-------------------------------------------------------------------------------------------------------------------------------- | - | ----------------------------- | - | ---------------------
|ASSETS                                                                                                                           |   |                               |   |                      
|Current Assets                                                                                                                   |   |                               |   |                      
|Cash                                                                                                                             | $ | 4,840                         | $ | 470                  
|Accounts receivable                                                                                                              |   | 502                           |   | --                   
|Prepaid expenses                                                                                                                 |   | 5,000                         |   | --                   
|Other assets                                                                                                                     |   | 1,480                         |   | --                   
|Total Current Assets                                                                                                             |   | 11,822                        |   | 470                  
|                                                                                                                                 |   |                               |   |                      
|Fixed Assets                                                                                                                     |   |                               |   |                      
|Oil and gas leases                                                                                                               |   | 63,330                        |   | 53,330               
|Less: accumulated depletion and impairment                                                                                       |   | (53,330)                      |   | (53,330)             
|Total Fixed Assets                                                                                                               |   | 10,000                        |   | --                   
|                                                                                                                                 |   |                               |   |                      
|                                                                                                                                 |   |                               |   |                      
|Total Assets                                                                                                                     | $ | 21,822                        | $ | 470                  
|                                                                                                                                 |   |                               |   |                      
|LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                             |   |                               |   |                      
|                                                                                                                                 |   |                               |   |                      
|Current Liabilities                                                                                                              |   |                               |   |                      
|Accounts payable                                                                                                                 | $ | 50,017                        | $ | 530                  
|Accrued expenses                                                                                                                 |   | 2,500                         |   | 3,000                
|Shareholders' Loans                                                                                                              |   | --                            |   | 25,653               
|Total Current Liabilities                                                                                                        |   | 52,517                        |   | 29,183               
|                                                                                                                                 |   |                               |   |                      
|Future Site Restoration                                                                                                          |   | 4,412                         |   | 4,194                
|Total Liabilities                                                                                                                | $ | 56,929                        | $ | 33,377               
|Stockholders' Equity
Common Stock - authorized 100,000,000 shares of 0.001 par value; 14,528,900 issued and outstanding for 2002 |   | 140,710                       |   | 22,820               
|Proceeds due from the issue of common stock                                                                                      |   | (21,641)                      |   | --                   
|Accumulated deficit                                                                                                              |   | (154,176)                     |   | (55,727)             
|Total Stockholders' Equity                                                                                                       |   | (35,107)                      |   | (32,907)             
|                                                                                                                                 |   |                               |   |                      
|Total Liabilities and Stockholders' Equity                                                                                       | $ | 21,822                        | $ | 470                  

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

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TERRA NOSTRA RESOURCES LTD.

|                                                             |   | Nine months to September 30, 2002(Unaudited) |   | Nine months to September 30, 2001(Unaudited) |   | From Inception (February 7, 1994) through September 30, 2002(Unaudited)
|------------------------------------------------------------ | - | -------------------------------------------- | - | -------------------------------------------- | - | -----------------------------------------------------------------------
|Sales & other revenues                                       |   |                                              |   |                                              |   |                                                                        
|Petroleum & natural gas (net of royalties)                   | $ | 4,184                                        | $ | --                                           | $ | 28,534                                                                 
|Less:                                                        |   |                                              |   |                                              |   |                                                                        
|Related costs (including depletion and impairment)           |   | 1,715                                        |   | --                                           |   | (69,022)                                                               
|                                                             |   | 2,469                                        |   | --                                           |   | (40,488)                                                               
|                                                             |   |                                              |   |                                              |   |                                                                        
|Expenses                                                     |   |                                              |   |                                              |   |                                                                        
|Legal                                                        |   | 18,555                                       |   | --                                           |   | 18,555                                                                 
|Consulting fees                                              |   | 42,752                                       |   | --                                           |   | 42,752                                                                 
|Other Administrative expenses                                |   | 39,611                                       |   | 242                                          |   | 45,836                                                                 
|                                                             |   | 100,918                                      |   | 242                                          |   | 107,143                                                                
|                                                             |   |                                              |   |                                              |   |                                                                        
|Earnings (Loss) from operations                              |   | (98,449)                                     |   | (242)                                        |   | (147,631)                                                              
|                                                             |   |                                              |   |                                              |   |                                                                        
|Other income and expenses                                    |   |                                              |   |                                              |   |                                                                        
|Write off loan receivable                                    |   | --                                           |   | --                                           |   | (7,056)                                                                
|Business tax refund                                          |   | 3/4                                          |   | 511                                          |   | 511                                                                    
|                                                             |   | (98,449)                                     |   | 269                                          |   | (154,176)                                                              
|                                                             |   |                                              |   |                                              |   |                                                                        
|Provision for income taxes                                   |   | --                                           |   | --                                           |   | --                                                                     
|                                                             |   |                                              |   |                                              |   |                                                                        
|Net Income (Loss)                                            | $ | (98,449)                                     | $ | 269                                          | $ | (154,176)                                                              
|                                                             |   |                                              |   |                                              |   |                                                                        
|Net Income (Loss) per Common Share                           | $ | (0.007)                                      | $ | 0.269                                        | $ | (0.03)                                                                 
|                                                             |   |                                              |   |                                              |   |                                                                        
|Weighted Average Number of Common Shares Used in Calculation |   | 13,313,212                                   |   | 1,000                                        |   | 5,569,704                                                              

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

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TERRA NOSTRA RESOURCES LTD.

|                                                             |   | Nine months to September 30, 2002(Unaudited) |   | Nine months to September 30, 2001(Unaudited) |   | From Inception (February 7, 1994) through September 30, 2002(Unaudited)
|------------------------------------------------------------ | - | -------------------------------------------- | - | -------------------------------------------- | - | -----------------------------------------------------------------------
|Cash From Operating Activities:                              |   |                                              |   |                                              |   |                                                                        
|Net income (loss) from continuing operations                 | $ | (98,449)                                     | $ | 269                                          | $ | (154,176)                                                              
|Reconciling adjustments                                      |   |                                              |   |                                              |   |                                                                        
|Depreciation and amortization                                |   | 218                                          |   | --                                           |   | 57,742                                                                 
|Changes in operating assets and liabilities                  |   |                                              |   |                                              |   |                                                                        
|Accounts receivable                                          |   | (502)                                        |   | --                                           |   | (502)                                                                  
|Prepaid Expenses                                             |   | (5,000)                                      |   | --                                           |   | (5,000)                                                                
|Other asset                                                  |   | (1,480)                                      |   | --                                           |   | (1,480)                                                                
|Accounts payable and accrued expenses                        |   | 48,987                                       |   | (125)                                        |   | 52,517                                                                 
|Net Cash Flows From Operating Activities                     |   | (56,226)                                     |   | 144                                          |   | (50,899)                                                               
|                                                             |   |                                              |   |                                              |   |                                                                        
|Cash From Investing Activities:                              |   |                                              |   |                                              |   |                                                                        
|Acquisition of oil and gas properties                        |   | (10,000)                                     |   | --                                           |   | (63,330)                                                               
|Net Cash Flows From Investing Activities                     |   | (10,000)                                     |   | --                                           |   | (63,330)                                                               
|                                                             |   |                                              |   |                                              |   |                                                                        
|Cash From Financing Activities:                              |   |                                              |   |                                              |   |                                                                        
|Issue of common stock                                        |   | 117,890                                      |   | 250                                          |   | 140,460                                                                
|Proceeds due from the issue of common stock                  |   | (21,641)                                     |   | --                                           |   | (21,641)                                                               
|Shareholders' loan                                           |   | (25,653)                                     |   | 94                                           |   | 250                                                                    
|Net Cash Flows From Financing Activities                     |   | 70,596                                       |   | 344                                          |   | 119,069                                                                
|                                                             |   |                                              |   |                                              |   |                                                                        
|Net change in cash and cash equivalents                      |   | 4,370                                        |   | 488                                          |   | 4,840                                                                  
|Cash at beginning of period                                  |   | 470                                          |   | --                                           |   | --                                                                     
|Cash at end of period                                        | $ | 4,840                                        | $ | 488                                          | $ | 4,840                                                                  
|                                                             |   |                                              |   |                                              |   |                                                                        
|Supplementary disclosure of cash flow transactions           |   |                                              |   |                                              |   |                                                                        
|Non Cash Investing and Financing Activities                  |   |                                              |   |                                              |   |                                                                        
|Movement in Shareholders' loan                               |   | --                                           |   | (156)                                        |   | --                                                                     
|Common stock issued in part settlement of shareholders' loan |   | --                                           |   | 250                                          |   | --                                                                     
|Cash received                                                |   | --                                           |   | 94                                           |   | --                                                                     

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

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TERRA NOSTRA RESOURCES LTD.

|                                            | Shares     | Amount   | AccumulatedSurplus (Deficit) | Total
ShareholdersEquity
|------------------------------------------- | ---------- | -------- | ---------------------------- | ------------------------
|Balance at December 31, 1999                | 981        | 22,570   | (12,552)                     | 10,018                  
|Net (loss) - year 2000                      | --         | --       | (41,985)                     | (41,985)                
|Balance at December 31, 2000                | 981        | 22,570   | (54,537)                     | (31,967)                
|Issue of Common Stock                       | 19         | 250      | --                           | 250                     
|Net (loss) - year 2001                      | --         | --       | (1,190)                      | (1,190)                 
|Balance at December 31, 2001                | 1,000      | $ 22,820 | $ (55,727)                   | $ (32,907)              
|Forward split at 7500:1                     | 7,500,000  | $ 22,820 | $ (55,727)                   | $ (32,907)              
|Issue of Common Stock                       | 7,028,900  | 117,890  | --                           | 117,890                 
|Proceeds due from the issue of common stock | --         | (21,641) | --                           | (21,641)                
|Loss for the period                         | --         | --       | (98,449)                     | (98,449)                
|Balance at September 30, 2002               | 14,528,900 | 119,069  | (154,176)                    | (35,107)                

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TERRA NOSTRA RESOURCES LTD.

Note 1 - Management's Statement

The financial statements included herein have been prepared by Terra Nostra Resources 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, 2001, audited financial statements and the accompanying notes included in the General Form for Registration of Securities of Small Business Issuers on Form 10-SB. 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.

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.

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ITEM 2. PLAN OF OPERATION

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.

PLAN OF OPERATION

At present, based on current operations, the Company does not have sufficient cash and liquid assets to satisfy its cash requirements on a monthly basis. While the Company currently does generate income from producing oil and gas properties on a monthly basis, these proceeds are minimal and thus not sufficient to meet the Company's current monthly overhead. The Company will require approximately $250,000 to cover its anticipated overhead and operational needs for the upcoming twelve month period. Revenues generated from existing operations for the next twelve months are expected to offset operational overhead by approximately $2,000. While the Company has projected revenues from its existing operations of approximately $2,000 for the next twelve months, there is no guarantee these projections will be achieved or that any revenue will be generated from these operations. The Company expects to have a drilling obligation on the Rosebud County, Montana leases in the first quarter of 2003. At present it does not have sufficient capital to participate in that program and it will need to raise the capital as soon as the operator notices the Company. The Company plans to review and acquire mineral properties during the next twelve months. The acquisition of properties and the development of any acquired properties are expected to require substantial expenditures either by way of cash or share issuances for acquisitions. Our goal is to acquire properties whereby we can generate sufficient revenues to fund the ongoing operations of the Company and to allow the Company to use those revenues to further build its asset base. The Company is unable to state at this time the amount of funds it will be required to raise to acquire and develop mineral properties during the next twelve months, however it will need to raise not less than $250,000 to meet its projected monthly overheads. The Company expects that it will be able to obtain additional equity and/or debt financing to meet this need from the offering by which it is raising capital at present and from its present shareholders and directors and officers, and anticipates there will be additional costs and expenses associated with such measures, the amounts of which are presently unknown. We have derived the statements of operations data set forth below and the information as at and for the nine month periods ended September 30, 2002 and 2001 from our un-audited financial statements for the period ended September 30, 2002.

SUMMARY FINANCIAL DATA

Statement of Operations Data:

|                                           | NINE MONTH PERIOD ENDED SEPTEMBER 30, 2002 | NINE MONTH PERIODENDED SEPTEMBER 30, 2001
|------------------------------------------ | ------------------------------------------ | -----------------------------------------
|Net Sales                                  | $2,469                                     | -                                        
|Loss from operations                       | $98,449                                    | $242                                     
|Business tax refund                        | -                                          | $511                                     
|Net Income (loss)                          | ($98,449)                                  | $269                                     
|Net Income (loss) per common share         | ($0.007)                                   | $0.269                                   
|Weighted average common shares outstanding | 13,313,212                                 | 1,000                                    

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Balance Sheet Data:

|                           | September 30, 2002 | December 31, 2001
|-------------------------- | ------------------ | -----------------
|Cash and cash equivalents  | $ 4,840            | $ 470            
|Accounts receivable        | $ 502              |                  
|Prepaid expenses           | $ 5,000            | $ -              
|Other assets               | $ 1,480            | $ -              
|Oil and gas leases         | $ 10,000           | -                
|Total assets               | $ 21,822           | $ 470            
|Total stockholders' equity | $ (35,107)         | $ (32,907)       

RESULTS OF OPERATIONS

Revenues

Terra Nostra earned revenues of $2,469 for the nine months ended September 30, 2002, while having no revenues during the same period from the previous year. Our revenue was derived from oil production from the Company's producing well.	.

Expenses

During the nine months ended September 30, 2002 and 2001, we incurred operating expenses of $100,918 and $242, respectively. The following table provides a breakdown of operating expenses by category.

General Operating Expenses

|                              | NINE MONTH PERIOD ENDED SEPTEMBER 30, 2002 | NINE MONTH PERIOD ENDED SEPTEMBER 30, 2001
|----------------------------- | ------------------------------------------ | ------------------------------------------
|Legal fees                    | $ 18,555                                   | $ -                                       
|Consulting fees               | $ 42,752                                   | $ -                                       
|Other administrative expenses | $ 39,611                                   | $ 242                                     
|TOTAL                         | $ 100,918                                  | $ 242                                     

Consulting fees include the costs of executive management and administrative consultants. No such fees or costs were incurred during the nine months ended September 30, 2001, due to the fact that the Company was not actively in operations. Other administrative expenses have increased substantially during the first nine months of 2002, compared to the same period in 2001. This is primarily due to state filing fees and increased auditing fees resulting from the preparation and filing of our Form 10-SB registration statement and to the activities undertaken by management in seeking acquisition opportunities. As we continue to increase operations as we seek a viable merger candidate, we anticipate that our consulting fees and other administrative expenses will continue to increase. All of the Company's personnel are presently consultants to the Company who bill on the basis of work done for the Company which allows the Company to continue operations without full time employees and the costs associated therewith.

LIQUIDITY AND CAPITAL RESOURCES

As of September 30, 2002 we had cash of $4,840 and a working capital deficit of $40,695, compared to a working capital deficit of $28,713 at December 2001. Funds used in operations for the first nine months of 2002 were $56,226, compared to funds provided from operations of $144 for the first nine months of 2001.

9

Since inception, we have financed operations primarily through sales of equity securities and shareholder loans and have raised a total of $119,069, with $70596 raised for the nine month period ended September 30, 2002.

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. See "PLAN OF OPERATION", above. 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.

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 September 30, 2002.

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

Not Applicable

ITEM 3.	DEFAULT UPON SENIOR SECURITIES

Not Applicable

10

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

Not Applicable

ITEM 5.	OTHER INFORMATION

On July 3, 2002, Marcel Lalancette was appointed to the Board of Directors.

On July 25, 2002 Clifford Larry Winsor resigned as President, Secretary/Treasurer and a director of the Company. Clement Patenaude was appointed President and Regis Bosse was appointed Secretary/Treasurer on the same date.

On August 30, 2002, Clement Patenaude resigned as the Company's President and Regis Bosse resigned as Secretary. On the same date, August 30, 2002, Regis Bosse was appointed President and Richard St. Julien was appoint as Secretary.

ITEM 6.	EXHIBITS AND REPORTS ON FORM 8-K

1. Exhibits -

(1)



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 RESOURCES LTD.

Date: November 14, 2002

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

11

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: November 14, 2002

By:/s/ Regis BosseName:	Regis BosseTitle:	President (Principal Executive Officer and Principal Accounting Officer)

12

________________________

CERTIFICATION PURSUANT TO18 U.S.C. SECTION 1350,AS ADOPTED PURSUANT TOSECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of FACT Corporation (the "Company") on Form 10-QSB for the period ended September 30, 2002 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: November 14, 2002.

By: /s/ Regis BosseName: Regis BosseTitle: President and Acting CFO

13