MPH Ventures Corp.
TSX VENTURE : MPS
FRANKFURT : IJA1

MPH Ventures Corp.

September 23, 2009 13:36 ET

MPH Ventures Arranges Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2009) - MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") announces it has arranged a non-brokered private placement of up to 5,000,000 units at a price of $0.06 per unit to raise gross proceeds of up to $300,000. Each unit consists of one common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one common share for a period of two years at a price of $0.10 per share.

The Company may pay up to a 7.5% finder's fee, payable in cash or units, in connection with part of this private placement offering.

MPH Ventures intends to utilize the proceeds of this private placement for the continuing development of its gold properties in the West Timmins region of northeastern Ontario and for general working capital purposes.

MPH Ventures' Timmins properties location map:
http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS_Ontario_5_Properties_Map.jpg

The Company has six highly prospective gold properties in the region west and south of Timmins including the newly acquired Godfrey Gold property located directly north of West Timmins Mining Inc's Thunder Creek Discovery. Proceeds will also be used for a second phase of drilling on the Raney Gold property to expand the newly discovered gold zone. MPH Ventures will also be advancing the Big Mac and Geneva Lake projects to a drill ready stage.

The above transaction is subject to the acceptance of the TSX Venture Exchange.

MPH Ventures Corp. is a gold and molybdenum exploration company focused on mineral development within Canada.

For further information on MPH Ventures Corp. (TSX VENTURE:MPS) visit the Company's web site at www.mphventurescorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT, President

This news release may contain certain "Forward-Looking Statements" that may involve a number of 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. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian Securities regulators available on www.sedar.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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