SUDBURY AREA AND THE PGM PLAY Message Board

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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY

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To: John E.Quinn who wrote (28)	10/2/1999 3:44:00 PM
From: Just G	Read Replies (1) of 349

Pacific North West acquires Sudbury mining district option Pacific North West Capital Corp PFN Shares issued 8,492,000 Sep 30 close $0.43 Fri 1 Oct 99 News Release Mr. Harry Barr reports Subject to due diligence and regulatory approval, Pacific North West Capital has entered into an agreement with Luhta Resources Ltd. for the exclusive right to purchase a 100-per-cent interest in a property consisting of 15 claim units in the Langmuir township, Sudbury mining district, Ont. Terms of the agreement call for total cash payments of $20,000 and total share payments of 50,000 PFN shares for a 100-per-cent interest, subject to a retained 2-per-cent net smelter royalty which may be purchased by PFN for $375,000 for each 0.5-per-cent NSR. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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