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MPS

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:MPS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

MPH Ventures Announces New Private Placement

23/06/2014 10:14pm

Marketwired Canada


MPH Ventures Corp. (TSX VENTURE:MPS)(OTC GREY:MPSFF)(FRANKFURT:IJA1) announces
that the Company will not be proceeding with the non-brokered private placement
of 12,000,000 units at a price of $0.05 per unit with non-transferrable share
purchase warrants exercisable at $0.10 announced on May 8, 2014.


The Company announces it has arranged a non-brokered private placement of up to
10,000,000 units (the "Unit") at a price of $0.05 per unit to raise proceeds of
up to $500,000. Each Unit consists of one common share and one non-transferable
share purchase warrant (the "Warrant"). Each Warrant will entitle the holder to
purchase one common share for a period of two years at a price of $0.07 per
share. The Company intends to utilize the proceeds from this private placement
for further property investigation and for general working capital purposes. 


A finder's fee of up to 7% cash and 7% non-transferable warrants (the "Finder's
Warrants") may be paid in connection with part of this private placement. Each
Finder's Warrant will entitle the finder to purchase a common share at a price
of $0.07 per share for a period of two years from the closing date of the
private placement.


The private placement is subject to TSX Venture Exchange acceptance. 

About MPH Ventures Corp.:

MPH Ventures Corp. is a molybdenum, graphite and gold 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 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
MPH Ventures Corp.
James G. Pettit
President
604-687-3376 or Toll Free: 800-567-8181


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

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