MPH Ventures Announces Share Purchase Warrants to be Extended
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 5, 2009) - MPH Ventures Corp. (TSX VENTURE: MPS) (FRANKFURT: IJA1) (the "Company") announces that it will make an application with the TSX Venture Exchange to extend the exercise period of a total of 5,813,500 non-transferable share purchase warrants (the "Warrants") for a further three year term.
The Warrants are comprised of 4,013,500 Warrants issued in connection with a 4,000,000 unit non flow-through private placement, plus finder's warrants, which closed on November 16, 2007 and a 1,800,000 flow-through private placement which closed on December 3, 2007. The 4,013,500 Warrants are currently exercisable at a price of $0.30 per warrant share until November 15, 2009 and 1,800,000 Warrants are currently exercisable at a price of $0.31 per warrant share until December 2, 2009.
Upon receipt of TSX Venture Exchange acceptance, the 4,013,500 Warrants will expire after the close of business on November 15, 2012 and the 1,800,000 Warrants will expire after the close of business on December 2, 2012.
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
Donald G. Myers, Director
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
FOR FURTHER INFORMATION PLEASE CONTACT:
MPH Ventures Corp.
Don Myers
Director
(604) 687-3376 or Toll Free: 1-800-567-8181
Fax: (604) 687-3119 (FAX)
info@mphventurescorp.com
www.mphventurescorp.com
Source: MPH Ventures Corp.
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