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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 AND 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the Month of August 2003

TRI-LATERAL VENTURE CORPORATION

(Name of Registrant)

750 West Pender Street, #604, Vancouver, British Columbia V6C 2T7

Executive Offices

1.    Interim Financial Statements, Six Months Ended 6/30/2003

Indicate by check mark whether the Registrant files annual reports under cover of Form 20-F or Form 40-F Form 20-F  X   Form 40-F ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___

Indicate by check mark whether the Registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under Securities Exchange Act of 1934.  Yes  ___      No  X 

TRI-LATERAL VENTURE CORPORATION
INTERIM FINANCIAL STATEMENTS

June 30, 2003

(Unaudited)

TRI-LATERAL VENTURE CORPORATION
INTERIM BALANCE SHEET
June 30, 2003 and December 31, 2002
(Unaudited)

ASSETS	(Unaudited) June 30, 2003	(Audited) December 31, 2002
Current     Cash     GST receivable Resource properties	$         1,085           1,325  2,410          13,180  $       15,590	$       13,384              907  14,291          12,656  $       26,947
LIABILITIES
Current   Accounts payable - Note 3   Loans payable	$      33,263         28,500         61,763	$      272,627         725,424         998,051
SHAREHOLDERS' DEFICIENCY
Share capital - Note 2 Contributed surplus Deficit	6,769,726  2,000  (  6,817,899) (       46,173) $       15,590	5,783,259  2,000  (   6,756,363) (      971,104) $        26,947

TRI-LATERAL VENTURE CORPORATION
INTERIM STATEMENTS OF LOSS AND DEFICIT
for the three and six months ended June 30, 2003 and 2002
(Unaudited)

	Three Months ended June 30, 2003                         2002		Six months ended June 30, 2003                       2002
Administrative Expenses     Accounting fees     Bank charges and interest     Consulting fees     Filing fees and shareholder        communication     Legal fees     Office and miscellaneous     Rent     Transfer agent     Travel	$           3,850  58  7,698  16,164  9,933  - -  1,500  1,674                    -	$           4,435  12,707  7,500  1,208  12,847  1,662  1,500  5,525                     -	$         6,375  8,494  12,173  16,725  10,986  - -  3,000  3,794                    -	$       7,635  25,339  15,000  1,258  20,974  1,662  3,000  5,525           5,950
Loss before other items Other items     Business investigation costs     Interest earned     Gain on settlement of debt	( 40,877) - -  - -                     -	( 47,384) - -  144                     -	( 61,547) - -  11                     -	( 86,343) - -  262          51,072
Net loss for the period Deficit, beginning of the period Deficit, end of the period Basic and diluted loss per share	( 40,877)   (6,777,022) $ (6,817,899) $          (0.01)	( 47,240)    (6,142,158) $  (6,189,398) $           (0.01)	( 61,536)    (6,756,363) $ (6,817,899) $          (0.01)	( 35,009)   (6,154,389) $(6,189,398) $         (0.01)

TRI-LATERAL VENTURE CORPORATION
INTERIM STATEMENTS OF CASH FLOWS
for the three and six months ended June 30, 2003 and 2002
(Unaudited)

	Three Months ended June 30, 2003                          2002		Six Months ended June 30, 2003                        2002
Operating Activities     Net loss for the period     Deduct item not affecting cash:         Gain on settlement of debt     Changes in non-cash working capital      items related to operations:         GST receivable         Accounts payable         Loans payable	$     (40,877) - -  (259) 13,252          28,500               616	$     (47,240) - -  (1,249) 20,525       (120,000)      (147,964)	$     (61,536) - -  (418) 21,679           28,500         (11,775)	$     (35,009) (51,072) (2,675) 33,923         (120,000)        (174,833)
Investing Activity     Increase in resource property	(524)	-	(524)	-
Increase (decrease) in cash during the period Cash, beginning of period Cash, end of period	92            993  $      1,085	(147,964)         209,813  $      61,849	(  12,299)          13,384  $       1,085	(174,833)         236,682  $      61,849
Supplemental disclosure of cash flow     information: Cash paid for interest Cash paid for income taxes	$              -  $              -	$                -  $                -	$               -  $               -	$                -  $                -

Non-cash Transactions - Note 4

TRI-LATERAL VENTURE CORPORATION
NOTES TO THE INTERIM FINANCIAL STATEMENTS
June 30, 2003
(Unaudited)

Note 1    Interim Reporting

While the information presented in the accompanying six months financial statements is unaudited, it included all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and its cash flows for the interim periods presented. These interim financial statements follow the same accounting policies and methods in their application as the Company's annual financial statements. It is suggested that these interim financial statements be read in conjunction with the Company's audited annual December 31, 2002 financial statements.

Note 2    Share Capital

Authorized
Unlimited common shares
Unlimited non-voting convertible redeemable non-cumulative 6% preference shares

Issued Common Shares	Number	$
Balance, December 31, 2002 Issued pursuant to share for debts agreements Balance, June 30, 2003	3,372,872       986,467     4,359,339	5,783,259      986,467   6,769,726

Note 3    Related Party Transactions

During the three and six months ended June 30, 2003 the Company incurred the following expenses with directors and a company with a common director:

	Three Months ended June 30, 2003                          2002		Six Months ended June 30, 2003                        2002
Accounting fees Consulting fees Interest expense Rent	$     1,400 7,698 - -          1,500 $    10,598	$     1,100 7,500 6,250         1,500 $    16,350	$     3,925 12,173 4,167         3,000 $    23,265	$     4,300 15,000 12,500         3,000 $    34,800

 

The expenses were measured by the exchange amount, which is the amount agreed upon by the transacting parties and are on terms and conditions similar to non-related entities.

As at June 30, 2003, accounts payable includes $8,393 owing to a director of the Company and a company with a common director.

Note 4    Non-cash Transactions

Investing and financing activities that do not have a direct impact on current cash flows are excluded from the statements of cash flows. During the six months ended June 30,2003, the Company settled accounts payable totalling $261,043 and loans payable totalling $725,424 by issuing 986,467 common shares valued at $986,467. This transaction was excluded from the statements of cash flows.

Note 5    Canadian and United States of America Accounting Principles

The financial statements have been prepared in accordance with accounting principles generally accepted in Canada, which differ in certain respects with those principles and practices that the Company would have followed had its financial statements been prepared in accordance with accounting principles generally accepted in the United States of America.

The Company's accounting principles generally accepted in Canada ("Canadian GAAP") differ from accounting principles generally accepted in the United States ("US GAAP") as follows:

a)    Resource Properties

Under Canadian GAAP, resource property acquisition costs and exploration costs may be deferred and amortized to the extent they meet certain criteria. Under US GAAP, acquisition costs and exploration costs must be expensed as incurred unless the resource properties have proving reserves. During the six months ended June 30, 2003, $524 was incurred in resource property costs. Therefore, an additional expense is required under US GAAP.

The impact of the above on the financial statements is as follows:

	June 30,                        2003                               2002
Net loss for the period per Canadian GAAP Deferred exploration costs Net loss for the period per US GAAP	$    (61,536)            (524) $    (62,060)	$     (35,009               -  $    (35,009)

Note 5    Canadian and United States of America Accounting Principles - (cont'd)

	June 30,        2003	December 31,        2002
Total assets per Canadian GAAP Acquisition and deferred exploration costs Total assets per US GAAP	$        15,590          (13,180) $          2,410	$       26,947          (12,656) $       14,291
Shareholders' Deficiency Balance, end of the period as per Canadian GAAP Acquisition and deferred exploration costs Balance, end of period per US GAAP	$       (46,173)          (13,180) $       (59,353)	$    (971,104)         (12,656) $    (983,760)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Form 6-K to be signed on its behalf by the undersigned, thereunto duly authorized.

Tri-Lateral Venture Corporation -- SEC File No. 0-50112
(Registrant)

Date: August 28, 2003  By /s/ Gregory C. Burnett____________________________           Gregory C. Burnett, President/CEO and Director

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