VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 15, 2008) - MPH Ventures Corp. (TSX VENTURE:MPS) (the "Company") announces that it has extended its offer to January 21, 2008 to the remaining minority shareholders of Pidgeon Molybdenum Mines Limited ("PMML") to acquire all of their PMML common shares. Up to December 31, 2007, the Company had acquired 2,576,329 representing 96.6% of PMML's issued and outstanding common shares. The Company has decided to extend the offer to allow remaining holders to tender their shares who may not have been able to do so.

MPH Ventures Corp. is a gold, silver, and molybdenum exploration company focused on mineral development within Canada and Latin America.

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