MPH Ventures Issues Shares to Rubicon Minerals, Updated NI 43-101 Resource Calculation to be Completed

Monday, August 31st 2009

MPH Ventures Corp. announces that it has issued 25,000 common shares in connection with its Property Option Agreement dated November 15, 2007 with Rubicon Minerals Corp. whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in the Echo Township property located in the Patricia Mining Division, northwestern Ontario (the “Property”). The Property surrounds and forms part of the Company’s 3400 acres Pidgeon Molybdenum Deposit project.

The common shares issued are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring December 27, 2009.

In order to earn a 100% interest in the Property, the Company must make further cash payments of $60,000 and issue 50,000 common shares over the remaining two year term of the Agreement.

This Property was acquired as part of the land holdings surrounding the core patented Pidgeon Molybdenum Deposit claims MPH Ventures purchased from BHP Billiton and Goldcorp in November 2007. It is the Company’s intention to continue to advance this project as the price of molybdenum continues to rebound.

MPH Ventures believes molybdenum prices will continue to strengthen through the rest of this year and well into 2010. In the near term, the Company will be commissioning an updated NI 43-101 compliant resource calculation along with recommendations to further increase the size of the Pidgeon Molybdenum surface deposit.

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

For further information on MPH Ventures Corp. visit the Company’s web site at www.mphventurescorp.com .