Temagami First Nation and Pacific North West Capit
Post# of 579
Posted On: 01/26/2015 8:43:48 AM
Temagami First Nation and Pacific North West Capital Corp. Sign Memorandum Of Understanding For River Valley PGM Project, Sudbury
January 26, 2015 Vancouver, BC; Pacific North West Capital Corp. ("PFN" and the "Company"
(TSX.V: PFN; Frankfurt: P7J.F; OTC Pink: PAWEF) is pleased to announce that the Company and the Temagami First Nation have entered into a Memorandum of Understanding (MOU) dated December 5, 2014 in relation to PFN's River Valley platinum metal project, located 100 road-km east of Sudbury, Ontario.
The MOU is designed to promote communication and foster a mutually respectful relationship, whereby Temagami First Nation are adequately informed and can provide input on PFN's plans for exploration and development activities to be carried out on River Valley. The MOU provides a framework for how the two parties will work together to address potential impacts on Temagami First Nation rights and interests and confirms Temagami First Nation support for the Project.
Chief Arnold Paul of Temagami First Nation commented by stating "Mining in n' Daki Menan has entered a new phase, The MOU recognizes that Temagami First Nation must be involved in a meaningful way in resource development projects. We look forward to a mutually beneficial relationship with Pacific North West Capital Corp."
Harry Barr, Chairman and CEO of Pacific North West Capital Corp. expressed the Company's appreciation for the support and cooperation demonstrated by everyone involved. "We look forward to working with Temagami First Nation to ensure that the River Valley Project is advanced in the spirit of continued partnership, mutual respect and good faith."
January 26, 2015 Vancouver, BC; Pacific North West Capital Corp. ("PFN" and the "Company"
(TSX.V: PFN; Frankfurt: P7J.F; OTC Pink: PAWEF) is pleased to announce that the Company and the Temagami First Nation have entered into a Memorandum of Understanding (MOU) dated December 5, 2014 in relation to PFN's River Valley platinum metal project, located 100 road-km east of Sudbury, Ontario. The MOU is designed to promote communication and foster a mutually respectful relationship, whereby Temagami First Nation are adequately informed and can provide input on PFN's plans for exploration and development activities to be carried out on River Valley. The MOU provides a framework for how the two parties will work together to address potential impacts on Temagami First Nation rights and interests and confirms Temagami First Nation support for the Project.
Chief Arnold Paul of Temagami First Nation commented by stating "Mining in n' Daki Menan has entered a new phase, The MOU recognizes that Temagami First Nation must be involved in a meaningful way in resource development projects. We look forward to a mutually beneficial relationship with Pacific North West Capital Corp."
Harry Barr, Chairman and CEO of Pacific North West Capital Corp. expressed the Company's appreciation for the support and cooperation demonstrated by everyone involved. "We look forward to working with Temagami First Nation to ensure that the River Valley Project is advanced in the spirit of continued partnership, mutual respect and good faith."
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