<HTML>

<BODY style="line-height:12pt; font-size:10pt; color:#000000">
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, DC 20549</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>CURRENT REPORT<BR>
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Date of Report (Date of earliest event reported): <B>&nbsp;July 12, 2007 [July 17, 2007]</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><U>Terra Nostra Resources Corp.</U></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><U>Nevada</U></P>
<U><P style="margin-top:0pt; margin-bottom:-13pt; text-indent:180pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">000-49631</U></P>
<U><P style="margin-top:0pt; margin-bottom:-13pt; text-indent:288pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86-0875500</U></P>
<U><P style="margin:0pt; text-indent:432pt; font-family:Times New Roman; font-size:11pt"><BR></U></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(State or other jurisdiction</P>
<P style="margin-top:0pt; margin-bottom:-13pt; text-indent:180pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(Commission</P>
<P style="margin:0pt; text-indent:324pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(IRS Employer</P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">of incorporation)</P>
<P style="margin-top:0pt; margin-bottom:-13pt; text-indent:180pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">File Number)</P>
<P style="margin:0pt; text-indent:324pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Identification Number No.)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:4.6pt; margin-bottom:-11pt; line-height:14pt; font-family:Times New Roman; font-size:11pt; border-bottom:0.5pt solid #000000">790 East Colorado Blvd., 9<SUP>th</SUP> Floor, Pasadena, CA</P>
<P style="margin:0pt; padding-bottom:3pt; text-indent:252pt; font-family:Times New Roman; font-size:11pt; border-bottom:0.5pt solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91101</P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(Address of principal executive offices)</P>
<P style="margin:0pt; text-indent:288pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(Zip Code)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Registrant's telephone number, including area code: <U>&nbsp;(626) 796-0088</U></P>
<U><P style="margin:0pt; text-indent:432pt; font-family:Times New Roman; font-size:11pt"><BR></U></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<U><P style="margin:0pt; text-indent:468pt; font-family:Times New Roman; font-size:11pt"><BR></U></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>&nbsp;(Former name or former address, if changed since last report)</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<BR>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<P style="page-break-before:always; margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><B>&nbsp;</B></P>
<P style="margin:0pt; padding-bottom:3pt; line-height:13pt; font-family:Times New Roman; font-size:11pt; border-bottom:0.5pt solid #000000"><B>Item 3.02 &nbsp;&nbsp;UNREGISTERED SALES OF EQUITY SECURITIES</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:12pt" align=justify>On July 12, 2007, the company accepted subscriptions for private placements for Four Million (4,000,000) units of the company&#146;s common stock at a price of One ($1.00) dollar per unit, for a total consideration of Four Million ($4,000,000.00) dollars, each unit consisting of one (1) share and one (1) share purchase warrant entitling the holder to purchase one (1) additional share of the company&#146;s common stock at the price of $1.75 of a period of three (3) years from July 12, 2007. &nbsp;</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>These securities were sold without registration under the Securities Act of 1933, in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933. &nbsp;There were no underwriting discounts, finders fees or commissions paid in connection with the sale of these securities.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>SIGNATURE</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Pursuant to the requirements of the Securities Exchange of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Dated at Pasadena, California this 17<SUP>th</SUP> day of July, 2007. </P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>TERRA NOSTRA RESOURCES CORP.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>By: </P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><U>/s/ Donald C. Nicholson</U></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Name: &nbsp;Donald C. Nicholson </P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Title: &nbsp;&nbsp;&nbsp;President</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:11pt; font-family:Times New Roman; font-size:9pt" align=center></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "f71707form8kfiling.htm", "description": "FORM 8-K", "secsgml_size_bytes": 8688}]
{"company-data": {"conformed-name": "TERRA NOSTRA RESOURCES CORP.", "cik": "0001167370", "assigned-sic": "3330", "irs-number": "860875500", "state-of-incorporation": "NV", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-49631", "film-number": "07985305"}, "business-address": {"street1": "790 E. COLORADO, 9TH FLOOR", "city": "PASADENA", "state": "CA", "zip": "91101", "phone": "626-796-0088"}, "mail-address": {"street1": "790 E. COLORADO, 9TH FLOOR", "city": "PASADENA", "state": "CA", "zip": "91101"}, "former-company": [{"former-conformed-name": "TERRA NOSTRA TECHNOLOGY LTD", "date-changed": "20030425"}, {"former-conformed-name": "TERRA NOSTRA RESOURCES LTD", "date-changed": "20020213"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 12, 2007 [July 17, 2007]
Terra Nostra Resources Corp.
(Exact name of registrant as specified in its charter)
Nevada
000-49631
86-0875500
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification Number No.)
790 East Colorado Blvd., 9
th
Floor, Pasadena, CA
91101
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(626) 796-0088
(Former name or former address, if changed since last report)
Item 3.02   UNREGISTERED SALES OF EQUITY SECURITIES
On July 12, 2007, the company accepted subscriptions for private placements for Four Million (4,000,000) units of the company's common stock at a price of One ($1.00) dollar per unit, for a total consideration of Four Million ($4,000,000.00) dollars, each unit consisting of one (1) share and one (1) share purchase warrant entitling the holder to purchase one (1) additional share of the company's common stock at the price of $1.75 of a period of three (3) years from July 12, 2007.
These securities were sold without registration under the Securities Act of 1933, in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.  There were no underwriting discounts, finders fees or commissions paid in connection with the sale of these securities.
SIGNATURE
Pursuant to the requirements of the Securities Exchange of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated at Pasadena, California this 17
th
day of July, 2007.
TERRA NOSTRA RESOURCES CORP.
By:
/s/ Donald C. Nicholson
Name:  Donald C. Nicholson
Title:    President