Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") announces that, in light of current market conditions, it will amend the exercise price of 1,707,871 outstanding incentive stock options to $0.10 per share. The existing options are currently priced between $0.195 to $0.34 per share. The amendment is subject to shareholder approval at its annual general meeting to be held on October 19, 2009 and is subject to acceptance of 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-V: MPS) visit the Company's web site at www.mphventurescorp.com .
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
______________________________
JAMES G. PETTIT
President
For further information contact myself or:
Don Myers
MPH Ventures Corp.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@mphventurescorp.com
or
Jay J. Bedard
Envoy Strategic Partners
Corporate Communications
Telephone: 647-344-1768
Email: jay@envoystrategicpartners.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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