Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (the "Company") announces that it has issued 25,000 common shares and paid the sum of $8,000 in connection with its property Option Agreement dated November 15, 2007 with Rubicon Minerals Corp. and Perry English (collectively the "Optionor").

Pursuant to the terms of the Agreement, the Company has been granted an option to acquire a 100% interest, subject to a 2% net smelter return royalty in favour of the Optionor, in 10 unpatented mineral claims. The mineral claims, which are comprised of 2360 acres, are situated along the southwestern and northwestern border of MPH Ventures' Pidgeon Molybdenum Deposit project located approximately 50 kilometres east from the city of Dryden, District of Kenora, Northwestern, Ontario.

Click Here for Pidgeon Molybdenum Deposit Project Claims Map

The total consideration to be paid for the option to acquire a 100% interest in the new claims is $95,000 and the issuance of 125,000 common shares of the Company over the four-year term of the Option Agreement.

The common shares are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring April 5, 2008.

MPH Ventures Corp. is a molybdenum and precious metal exploration company focused on mineral development within Canada and Latin America.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jim Pettit"
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JAMES G. PETTIT
President