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February 23, 2009. Vancouver, BC -- 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.
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On behalf
of the Board of Directors
"Harry Barr"
Harry Barr, President & CEO
For further
information, please contact our Investor Relations Department at
Toll Free 1-800-667-1870
The Toronto Stock Exchange have not reviewed and does
not accept
responsibility for the adequacy or accuracy of this release.
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. Not to be construed as an offer to buy or sell securities of this company.
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