Mexican Riviera -Puerto Vallarta Beach Villa Rentals, Hotels, Resorts

Stillwater Mining Company (NYSE: SWC) Invests $2 Million into Pacific North West Capital Corp. – Completed

Vancouver, BC (PRWeb) December 8, 2006 -- Pacific North West Capital Corp. (‘PFN’) (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J), is pleased to announce that further to a news release dated November 17, 2006, the Company has completed a non-brokered private placement of 4,444,444 common shares at a price of CDN$0.45 per common share for gross proceeds of CDN$2,000,000 with Stillwater Mining Company (‘Stillwater’) (NYSE: SWC). No finder’s fee or commission have been paid.

All securities issued pursuant to this private placement are subject to a Canadian hold period expiring April 9, 2007.

About Stillwater Mining Company

Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Web site: www.stillwatermining.com.

About Pacific North West Capital

Pacific North West Capital Corp. www.pfncapital.com is an exploration and development company focused on platinum group metal (PGM) projects in North America. PFN is currently exploring the River Valley Project, located near Sudbury Ontario, Canada, (joint ventured 50/50 with Anglo American Platinum Corporation Limited ("Anglo Platinum"), the world's largest primary producer of platinum). Anglo Platinum has committed over $19 million to the River Valley Project to date and may earn a 60% interest in the project by completing a feasibility study and a 65% interest by funding it through to production. Current River Valley Resource stands at: Measured and Indicated Resources of 30.5 million tonnes containing 953,900 ounces of palladium (0.97 g/t), 329,500 ounces of platinum (0.34 g/t) and 59,500 ounces of gold (0.061g/t) with an additional 2.3 million tonnes 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) of Inferred Resources using a 0.7 g/t cut off (pt/pd). PFN is the Project Operator.

In late 2004 PFN established a Nickel / Base Metals Division and currently has an Option / Joint Venture in the Timmins Mining District with Xstrata plc (formally Falconbridge Ltd.). An extensive geophysical and ground proofing exploration program and a joint pulse EM survey was recently completed and the results are pending. PFN has expended approximately $1.6 million on the project to date.

On April 12, 2006, Pacific North West Capital Corp. acquired a 100% working interest in a long-term lode exploration and mining lease on the Goodnews Bay ultramafic platinum complex located on the west coast of Alaska. Previous placer operations in the streams draining the project area produced approximately 600,000 troy ounces of platinum. A 2006 exploration program has commenced.

On August 1, 2006, PFN announced that it entered into a Cooperation agreement with SOQUEM Inc. ("SOQUEM") in order to conduct research on platinum properties in the province of Quebec. SOQUEM INC. is a wholly owned subsidiary of the Société générale de financement du Québec ("SGF"). The mission of the SGF, an industrial and financial holding company, is to undertake economic development projects in the industrial sector in cooperation with partners and in compliance with the economic development policies of the Government of Quebec.

According to Harry Barr, President and CEO “PFN is currently involved in an aggressive acquisition phase of its development and plans to add several new PGM and base metal projects to its portfolio in 2006 / 07”. The Company will have approximately $4.2 million in working capital and no debt after the completion of the Stillwater placement.

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

Further Information: Toll Free 1.800.667.1870, Fax 604.685.8045,
www.pfncapital.com
2303 West 41st Avenue, Vancouver, B.C. V6M 2A3

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.

# # #

MORE ARTICLES:

Spring Break Soccer Training and Spanish Language Camp in Puerto Vallarta, Mexico
Spring break soccer training and Spanish language camp will take place in Puerto Vallarta, Mexico.

Dream Destination Wedding in a Puerto Vallarta Villa
Every woman dreams of her wedding at some exotic destination with beautiful white sand beaches, pristine clear waters, magnificent Villa and surrounded by her close ones. If you thought this is just a dream then you could not be more wrong. You can have your wedding with great style and sophistication in a luxury Villa in Puerto Vallarta, Mexico.

New Shop & Spa Money at All-Inclusive 5 Diamond Puerto Vallarta Hotel
Travelers save Over 50% at Puerto Vallarta hotel Grand Velas All Suites & Spa Resort With $250 Credit during Summer & Fall

A Mexico Vacation Special To The Maroma Resort In The Mayan Riviera
Some very good reasons for booking a Mexico vacation special and choosing the best of luxury hotels the Maroma Resort in the Mayan Riviera

Hawaii Maps and Weather Round out Comprehensive Vacation Rental Site
Hawaiian Beach Rentals, an Oahu based company known for its local knowledge on the vacation rentals they provide, now provides a one stop shop for local information by adding current weather conditions and maps of Kauai and other Hawaiian locales to their site.

Livin' La Vida Loca at Puerto Vallarta, Mexico
Mexico is in itself a paradise with its lot of places that offer nothing but the best comfortable life to anyone. Out of the several coastal resort-type offerings in the region, Puerto Vallarta is possibly the greatest epitome of wonderland.

More Vacations at Puerto Vallarta MX
Puerto Vallarta MX is definitely one of the places where people can stay and enjoy more vacations Puerto Vallarta MX is in the state of Jalisco and is one of Mexicoýs premier resort cities

Discount Last Minute Puerto Vallarta Packages To The Four Seasons Resort Punta Mita
We managed a discount last minute Puerto Vallarta package to the Four Seasons Resort Punta Mita. In truth the discount was the bonus, because we fully intended to go there anyway, and pay the full price, but thanks to some work online, we got a huge discount. A quick thank you to The Vacation Bargain Finder, details of which can be found at http://www.worldwidevacationspots.com/pages/Vacation-Bargain-Finder.html

Win a Luxury All-Inclusive Mexican Vacation for a Family of Four in Puerto Vallarta, Mexico
Family Scavenger Hunt Leads to 4-Day/3-Night Mexican Vacation at Grand Velas All Suites & Spa Resort

Mendocino Coast Hotel Pacific Mist Inn Whale Watchers Festival Vacation Rental Home Special
Mendocino Coast Hotel offers a new special during Whale Festival. Pacific Mist Inn and Cabins announced that throughout the month of March, they are offering a special for travelers to the Mendocino Coast, if a guest books any room or full cabin for two nights, the third night is for free.

Iconic Mexican Performers Take Flight In Puerto Vallarta
Every weekend in Puerto Vallarta, a group of famous Mexican performers take flight From a central location on the Malec?n ? Puerto Vallarta?s beloved boardwalk ? the Papantla Flyers dazzle visitors with six performances each Saturday and Sunday

In-Suite Spa Treatments Exude Romance in Puerto Vallarta, Mexico
New In-Suite Spa Treament and Diamond Bath for Couples at Grand Velas All Suites & Spa Resort

Puerto Vallarta Vacation Review
Just returning from a wonderful trip to Puerto Vallarta, I've decided that tropical vacations are good for the "soul". It's important to take the time to get a way from the everyday routine.

Maui Vacation Rentals Versus Maui Hotels And Resorts
Whether you are traveling to Maui has part of a honeymoon, a business trip, a family vacation, or a romantic getaway, you are sure to find that you have an unlimited number of choices. When it comes to these choices, many vacationers automatically think of the activities and attractions that they have access too. While a Maui vacation will give you just that, there are other choices that you will have to make; one of them being where plan on staying. If you have recently made the decision to take a trip to Maui, you will find that you could stay at a Maui hotel, a Maui resort, or a Maui vacation rental.

Casa Velas in Puerto Vallarta, Mexico Receives AAA Four Diamond Award
Casa Velas Hotel Boutique in Puerto Vallarta, Mexico, is again joining the ranks of AAA Four Diamond Award winners. Casa Velas is the only adults-only all-inclusive golf resort in Mexico to receive this AAA Four Diamond award.