Pacific North West Capital Corp. - Stock Options Granted



    TSX: PFN OTCBB: PAWEF Frankfurt: P7J

    VANCOUVER, Feb. 22 /CNW/ - Pacific North West Capital Corp. (TSX: PFN;
OTCBB: PAWEF, FRANKFURT: P7J) -Pacific North West Capital Corp. (the
"Company") has granted 1,200,000 incentive stock options to directors,
officers, employees and consultants of the Company at the exercise price of
$0.60 per common share for a period of five years, subject to regulatory
approval.

    About Pacific North West Capital Corp:

    Pacific North West Capital Corp. (TSX.PFN OTCBB.PAWEF Frankfurt.P7J) is a
mineral exploration company focused on Platinum Group Metals (PGMs) and Base
Metals. Management's corporate philosophy is to be a Project Generator,
Explorer and Project Operator with the objective of option/joint venturing
projects with major mining companies through to production. To that end,
Pacific North West Capital's current option/joint ventures agreements are with
Anglo Platinum, Stillwater Mining Company, Xstrata Nickel and SOQUEM. The
company has approximately $8 million in working capital and securities with no
debt.

    On behalf of the Board of Directors

    (signed)

    Harry Barr
    President and CEO

    The Toronto Stock Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    Disclaimer: This news release may contain certain "Forward-Looking
Statements" within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements of
historical fact, included herein are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the
Company's expectations are disclosed in the Company's documents filed from
time to time with The Toronto Stock Exchange, British Columbia Securities
Commission and the United States Securities & Exchange Commission.





For further information:

For further information: Tel (604) 685-1870, Fax (604) 685-8045, Email:
ir@pfncapital.com, or visit www.pfncapital.com, 2303 West 41st Avenue,
Vancouver, B.C., Canada, V6M 2A3

Organization Profile

Pacific North West Capital Corp.

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