Aug 19 (Reuters) - Gowest Gold Ltd GWA.V :
* GOWEST GOLD LTD - CO ENTERS INTO SETTLEMENT AGREEMENT WITH PGB TIMMINS HOLDINGS
* GOWEST GOLD LTD - PBG HAS WITHDRAWN WITH PREJUDICE BOTH NOTICES ON AN IRREVOCABLE BASIS
* GOWEST GOLD LTD - CO IS OBLIGATED TO PAY TO PGB AN AGGREGATE OF $9 MILLION IN CASH