Company Information for Pacific North West Capital Corp

TSX-PFN

www.pfncapital.com

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Company Statement

Pacific North West Capital Corp. (PFN.TSX) is an explorer/project generator in the search for Platinum Group Metals (PGMs) and Nickel in North America. PFN is currently in the most aggressive acquisition phase of the company's history focusing on new PGM and Nickel projects. PFN is committed to advancing its existing projects and acquiring new PGM and Nickel projects via self-funding or option/joint venture agreements with major mining companies.

We are currently exploring the following PGM projects: River Valley PGM Project in Sudbury, Ontario (50/50 JV with Anglo Platinum, PFN is the project operator); Goodnews Bay Platinum Project, Alaska, (Option/JV with Stillwater, PFN is the project operator) Reconnaissance PGM Joint Ventures, Alaska, (Option/JV with Stillwater, PFN is the operator), PGM Strategic Alliance with Soquem in the province of Quebec; 50/50 Joint venture- Union Bay Platinum project, Alaska (looking for JV partner). PFN is currently in the most aggressive acquisition phase of its history and management is currently negotiating and acquiring several new PGM projects throughout North America.

Nickel Division
We are currently exploring the following Nickel projects: West Timmins Nickel Project, Timmins Ontario (optioned from Xstrata Nickel, PFN is the operator, drill program in progress). PFN is currently in the most aggressive acquisition phase of its history and management is currently negotiating and acquiring several new Nickel projects throughout North America.

As of August 18th, the company has approximately $9 million in working capital and securities.

Company Aim
Our objective is to continue to create value for our shareholders and maintain our position as one of North Americas leading Platinum Group Metals (PGM) explorers and project generators. In addition, we will continue utilizing our experienced technical teams as operator for the majority of our projects. As soon as it is practical, our goals are to Option / Join Venture our projects with major mining companies under contracts that allow them to be developed from grassroots through to feasibility then on to production.

Current Operations

Goodnews Bay Platinum Project
The Goodnews Bay Project is located near year round ice free tidewater and is road accessible from the village of Platinum, which has a public airstrip.

The mining lease, with Calista Corporation, encompasses an area of interest comprising about 82 square miles (212 square kilometres). Previous placer operations in the streams draining the project area produced approximately 650,000 troy ounces of platinum.

PFN and Stillwater Mining Company ('Stillwater') (NYSE: SWC) have entered into a non-binding Letter Agreement pertaining to ongoing exploration of the Goodnews Bay Platinum Project. The Letter Agreement also provides for Stillwater to fund reconnaissance on other Alaskan PFN exploration projects with the provision for Stillwater to enter into option/joint venture agreements on the Goodnews Bay Project and 1 or more of the reconnaissance projects.

Under the reconnaissance portion of the Letter Agreement, Stillwater will expend $500,000 in 2007 which will allow it to inspect several of PFN's proposed projects and after the field season Stillwater may elect to continue participation in 1 or more projects by committing to fund the following year's approved program for each elected project.

River Valley PGM Project
The River Valley property is located in Dana Township and in the southwest corner of Pardo Township, about 20 road km northwest of the village of River Valley and about 65 km northeast of the City of Sudbury in a Mining District with a 100 year history of production. The area has excellent road accessibility and a well-established mining infrastructure.

The work on the River Valley property for the past 4 years has concentrated on locating and defining PGM mineralization along the northern brecciated contact of the intrusion. This potential contact zone now extends for some 15 kilometers.

Current measured resource is 8.53 million tones containing 353,200 ounces of palladium (1.29 g/t), 116,800 ounces of platinum (0.43 g/t) and 20,400 ounces of gold (0.07 g/t) and an indicated resources of 22.02 million tonnes containing 600,700 ounces of palladium (0.85 g/t), 212,800 ounces of platinum (0.30g/t) and 39,000 ounces of gold (0.06 g/t) with an additional inferred resource of 2.39 million tones containing 67,000 ounces of palladium (0.87g/t), 23,800 ounces of platinum (0.31g/t) and 4,000 ounces of gold (0.05 g/t) using a 0.7 g/t cut off (pt/pd) (PFN press release March 2006) . The objective of the 2006 $1.1 million Phase 9A budget was to extend the new Platinum Group Metal mineralized horizons discovered during the 2005 fieldwork and to better understand the structural controls on the mineralization. A $525,000 budget has been approved by Anglo Platinum to further evaluate newly generated targets SW of mineralized zone.

Quebec PGM Alliance
Pacific North West Capital Corp. has signed a Cooperation Agreement with SOQUEM Inc. ("SOQUEM") in order to conduct research on platinum properties in the province of Quebec.

Under the terms of the Agreement, effective as of June 30, 2006, PFN and SOQUEM will participate in a 50/50 joint venture to research platinum properties in Quebec, in a designated Area of Mutual Interest ("AMI"), with the objective of identifying viable properties for further exploration. PFN and SOQUEM will pool staffing and funding resources, and will share all technical data pertaining to properties located within the AMI. The parties will have equal representation of 2 members each on a Technical Committee, which will be responsible for setting programs, budget, and schedule. SOQUEM will act as Manager. The first exploration program agreed upon between the parties was budgeted at $250,000 and completed in late 2006.

In the event that a viable property is identified, the parties will either contribute jointly to all staking and acquisition costs, or, if one party elects to do so independently, will do so at its own expense. In that event, the other party is granted the right of first refusal to acquire a 50% interest in the property. Exercise of this right would result in the creation of a new Joint Venture Agreement between the parties for the newly acquired property.

Coldwell PGM Project
The Coldwell Complex is the largest composite alkaline intrusive complex in North America

Marathon PGM Corporation's 68.1 million tonnes of PGE-Cu deposit is associated with the Eastern Border Gabbro unit of the Coldwell Complex

$900,000 exploration program commenced including prospecting, mapping, lake bottom geochemical sampling and geophysics

Pacific North West Capital Corp. completed the acquisition of three new PGM projects within the Alkaline Coldwell Intrusive Complex which hosts a number of PGE and Copper showings and occurrences.

Initial exploration will focus on Gabbro suites of the Coldwell complex. Compilation of historical data along with prospecting, mapping, and lake bottom geochemical sampling surveys has been initiated in the Coldwell Complex.

The PGE and Copper mineralization in the Coldwell has been associated with the Eastern Border Gabbro unit which hosts Benton Resources Ltd 's Skipper Lake, Four Dam Lake occurrences within the Bermuda Property, as well as Marathon PGM Corporation's PGE-Cu Project deposit of a NI 43-101 measured resource of 39.2 million tonnes containing 1.6 million ounces of PGM and gold and 285 million pounds of copper, and an indicated resource of 28.9 million tones containing 1.1 million ounces of PGM and gold and 178 million pounds of copper. (See Marathon PFM Corporation's press release dated February 19, 2007).

West Timmins Project
Pacific North West Capital Corp. has entered into an agreement with Xstrata (formerly Falconbridge) whereby it may earn up to a 100% interest in the West Timmins Project. The West Timmins Project covers 355 square kilometres (87,720 acres) some 60kms west of Timmins, Ontario.

PFN's exploration activities on the West Timmins project will be focused on nickel and associated metals. Participation in nickel exploration projects is the natural progression for PFN and is compatible with PFN's principal business of exploring for platinum group metals.

The West Timmins project is located adjacent to Falconbridge's Montcalm project. The Montcalm deposit comprises an estimated resource of 7 million tonnes of nickel/copper sulphide, of which an estimated 4.5 million tonnes grading 1.46% nickel and 0.68% copper are in the measured and indicated category and are expected to support a mine life of 8.5 years.

Current Activities

15 hole 3,413 metre Drill Program completed
Year 1 and Year 2 expenditures have been met - $1.4 million spent to date
Significant sulphide mineralization intersected returning anomalous copper (up to 0.12%) and nickel (up to 0.14%) values
4,000 meter drill program commenced May 2007

Nickel Plats
The Nickel Plats Project is approximately 50 km north of LaRonge Saskatchewan. The property covers a nickel-copper occurrence within a sulphide rich (pyrrhotite, chalcopyrite and pyrite) gabbro intrusive plug. Exploration work in the mid sixties (23 drill holes 15 inclined, 8 vertical) indicated an open pit resource of 4.2 million tons grading 0.30% Ni and 0.08% Cu. In the late 1980s, additional definition drilling (6 inclined holes) indicated an underground resource of 1.7 million tons grading 0.74% combined nickel-Copper (Non-43-101 compliant). Pacific North West Capital's objective is to bring the initial resource to a 43-101 compliant status by compiling all the historical information into a computer data base along with defining the mineralization with additional geophysical and geological surface surveys. Furthermore, the region is also being evaluated for other Intrusive targets, through compilation of government data bases.

Raglan Hills Nickel Project
The Raglan Hill Project is located over the northeastern portion of the Raglan Hills Intrusive Complex. The Complex is a differentiated mafic intrusive composed primarily of meta-gabbro with lesser proportions of meta-pyroxenite. Three historical, nickel and copper sulphide occurrences and one nickel and copper prospect are identified in Ontario's Mineral Deposit Inventory and may represent the feeder system to the Raglan Hills Intrusive Complex. Minimal exploration has occurred since the late 1980's and the property has potential to host economic nickel-copper sulphide zones within these possible
feeder systems.

NWT Nickel
Pacific North West Capital recently acquired several nickel projects in the Northwest Territories. The Geological Survey of Canada recently completed a mapping project which identified an extensive belt of rocks reported to have the potential for hosting significant nickel mineralization.. PFN's technical team is finalizing its budget and plan for the 2007 exploration program which may include airborne magnetic and EM surveys to outline and define potential target areas for nickel mineralization. The EM surveys will be followed up by ground proofing with the objective of defining drill targets. Further announcements will be forthcoming regarding the development of PFN's new acquisitions in the Winter Lake Supracrustal Belt, Northwest Territories.

Swayze Nickel Project
The Swayze Joint Venture Project is situated in the Swayze Greenstone Belt, approximately 100km south-west of Timmins, Ontario and incorporates some fifty townships. The Swayze Greenstone Belt represents the western extension of the Abitibi Greenstone Belt, which is the host to numerous ultramafic-hosted Ni deposits including the producing Redstone Mine (Liberty) south of Timmins as well as the newly discovered Golden Chalice Occurrence.

Geographical Spread

PFN is aggressively acquiring PGM and base metal projects in Alaska, Manitoba, Ontario, Quebec, Saskatchewan and Labrador

Board of Directors and Key Management

Harry Barr	President and CEO
John W. Londry, M.Sc, P. Geo	Vice President Exploration
David H. Powers, H. BSc., P.Geo.	Vice President, Project Development
Robert Guanzon	Chief Financial Officer
Denny Hop	Director
John Royall, B.Sc. (Hons) P.Eng.	Business Consultant
Linda Holmes	Director
Jordan Point	Director
Charlotte Brown	Corporate Secretary

Company Address

2303 West 41 st Avenue
Vancouver, V6M 2A3


Telephone:	(604) 685-1870
Facsimile:	(604) 685-8045
Email:	corporate[at]pfncapital.com
Website:	http://www.pfncapital.com

Additional Address/Key Contact

Investor Relations Contact:
Farhan Rhemtulla
Investor Relations

Sudbury Offfice

259 Fielding Rd, Unit 3B
Lively, Ontario
P3Y 1L8 Canada

Email: londry@pfncapital.com
Telephone: +1.705.674.5888
Facsimile: +1.705.674.5883

Capital

Issued and Outstanding;61,708,008

Annual General Meeting

November

Year End

April

Nominated Brokers

Mr. Michael Dunlop,
Yorkton Securities,
(403) 260-8478 &
Toll Free North America 1-800-661-1596

Most Recent Statement

30/09/08 - Pacific North West Capital and Benton Resources Commence Drill Program
08/09/08 - Pacific North West Capital & SOQUEM Thunder Target Update
02/09/08 - Pacific North West Capital and Stillwater Mining start drilling at Goodnews Bay, Alaska
25/08/08 - Pacific North West Capital and First Nickel Initiate Surface Mapping and Sampling Program on the Raglan Hills Nickel Project
03/07/08 - Pacific North West Capital and Benton Resources Complete Helicopter-borne Magnetic and VTEM Survey on the Swayze Nickel Project, Ontario
26/06/08 - Pacific North West Capital and First Nickel Complete Airborne Geophysical Survey on Raglan Hills Nickel Project

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