Darel Russell has agreed a mutual cancellation of the remaining year of his contract and leaves the Club with immediate effect.
The former Norwich and Stoke City man was brought to Deepdale by Darren Ferguson just before the start of the 2010/11 season. However, he spent much of last season on loan at Charlton Athletic.
He had a year to go on his contract at PNE, but this has been terminated with immediate effect allowing him to move to another club of his choice.