VANCOUVER, B.C., Dec. 13, 2006 (PRIME NEWSWIRE) -- MPH Ventures Corp. (TSX-V:MPS) (the "Company") is pleased to announce that Mr. Allen Cole has consented to serve as Vice President of Exploration for the Company. Mr. Cole has over 20 years of experience in the mineral exploration and development sector. Mr. Cole has previously held senior management positions including Exploration Manager in Mongolia with Fortress Minerals Corp., and Manager of Corporate Development with Entree Gold Inc.
Mr. Cole has joined MPH Ventures to assist the Company with its business activities in South America by providing contacts, aid in negotiations, and identifying other suitable mining projects or properties for potential acquisition by the Company. The Company will also grant Mr. Cole incentive stock options from time to time.
MPH Ventures also announces that pursuant to its stock option plan, the Company has granted incentive stock options to Mr. Cole to purchase up to an aggregate of 22,000 common shares in the capital stock of the Company, exercisable for a period of two years, at a price of $0.33 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual and Special General Meeting of the Company held on October 24, 2006. These options are subject to a four-month hold period.
MPH Ventures Corp. is a gold, silver, and base metal exploration company focused on mineral exploration and development within Latin America.
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
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