Cuba Ventures Corp.
TSX VENTURE : CUV
FRANKFURT : IJA2
OTCBB : MPSFF

Cuba Ventures Corp.

April 08, 2016 16:30 ET

Cuba Ventures Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 8, 2016) - Cuba Ventures Corp. (TSX VENTURE:CUV) (OTCBB:MPSFF) (FRANKFURT:IJA2) (the "Company") (formerly MPH Ventures Corp.) announces that, pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 2,000,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.09 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual General Meeting of the Company held on March 29, 2016.

About Cuba Ventures Corp.:

Cuba Ventures Corp. has acquired Travelucion Media, now a wholly owned subsidiary. Travelucion Media is an online travel digital media company that specializes in travel marketing, electronic reservations and online booking solutions for international visitors to Cuba. Travelucion Media owns one of the most significant portfolios of Cuban focused web assets, through 432 sites in five languages, which collectively generate over 30 million page-views per year and direct traffic to the main Travelucion booking site www.Havanatur.com .

For further information on Cuba Ventures Corp. (TSX VENTURE:CUV) or Travelucion Media visit the Company's website at www.cubaventures.com or www.travelucion.com.

Cuba Ventures Corp. has approx. 61.5 million shares issued and outstanding.

CUBA VENTURES CORP.

JAMES G. PETTIT, President & CEO

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

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Contact Information

  • Cuba Ventures Corp.
    Jim Pettit
    President & CEO
    604-687-3376 or Toll Free: 800-567-8181
    604-687-3119 (FAX)

    Cuba Ventures Corp.
    Don Myers
    Director
    604-687-3376 or Toll Free: 800-567-8181
    604-687-3119 (FAX)
    info@cubaventures.com