TSX: PFN OTCBB: PAWEF Frankfurt: P7J.F
VANCOUVER, Feb. 23 /CNW/ - Pacific North West Capital Corp. (PFN) (TSX:
PFN; OTCBB: PAWEF; Frankfurt: P7J.F) -- Pacific North West Capital Corp. (the
"Company") is pleased to announce the appointment of Mr. John Londry to the
Board of Directors.
Mr. Londry received his B.Sc. and M.Sc. degrees in Geology from the
University of Windsor. For the past 35 years Mr. Londry has been active in the
mineral exploration and mining industry. Mr. Londry's considerable experience
encompasses grass roots to advanced stage mineral exploration projects in
various commodities throughout Canada, the United States and South America.
Mr. Londry has held senior positions with Camflo, Noranda Exploration, Hemlo
Gold Mines, and Battle Mountain Gold as well as serving as Vice President of
Exploration for Pacific North West Capital Corp. from 2004 to 2008.
Harry Barr, President and C.E.O. of Pacific North West Capital Corp,
welcomes Mr. John Londry to Board of Directors. The members of the board are
looking forward to working closely with Mr. Londry to further develop the
Company's corporate objectives.
About Pacific North West Capital Corp:
Pacific North West Capital Corp. is a mineral exploration company focused
on Platinum Group Metals (PGM), precious 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,
Xstrata Nickel, Benton Resources, First Nickel and SOQUEM.
Pacific North West Capital Corp. is well funded, has an experienced
management team and has the ability to take advantage of the tremendous
acquisition opportunities presented by current market conditions. The
Company's focus is to acquire advanced stage precious metals projects,
continue to expand its Platinum Group Metals and base metals division.
Pacific North West Capital Corp. has approximately $6.9 million in
working capital and securities.
On behalf of the Board of Directors
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: email@example.com, or visit www.pfncapital.com, 2303 West 41st
Avenue, Vancouver, B.C., Canada, V6M 2A3