Purchase of Shares

Tiger Resource Finance PLC
24 April 2001

                         TIGER RESOURCES FINANCE PLC


            Pacific North West Capital Corporation Inc ('Pacific')


The Board of Tiger are pleased to announce the purchase of 406,500 shares in
Pacific on the open market, representing a 2.1% interest in the equity of
Pacific. Pacific, a Company listed on the Toronto Stock Exchange, is primarily
focused on PGM metals, in particular their River Valley Intrusive Project,
which is being part funded through a joint venture with Anglo American
Platinum ('Amplats'). Amplats will have spent C$4.3m by June 2001.


The drilling to date has demonstrated that potential exists for large scale
open pit mining at one or more sites along an eight kilometre mineralised
intrusive. The ongoing work programme is designed to delineate reserves, and
further test metallurgy.




For further information:


Kjeld Thygesen - Lion Resource Management Ltd + 44 207 590 88 10

Jeremy Metcalfe - Chairman, Tiger Resource Finance PLC + 44 1303 874 798




24 April, 2001