VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 15, 2013) - MPH Ventures Corp. (TSX VENTURE:MPS)(OTC PINK:MPSFF)(FRANKFURT:IJA1) announces that further to its news release dated July 31, 2013 announcing an acquisition agreement to acquire a 100% interest in the North Albany graphite property, the Company has now completed the acquisition and paid the sum of $15,000 and issued a total of 3,000,000 common shares of the Company to the vendors.

The North Albany graphite property consisting of 16 mineral claims covering approximately 256 hectares is located within the Porcupine district of Northern Ontario and is contiguous to the north of Zenyatta Ventures Ltd.'s Albany (vein type) graphite deposit discovery.

North Albany Graphite Project Magnetic Data Map:
http://www.mphventurescorp.com/i/maps/MPS_maglowareamap8.jpg.

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 14, 2013.

About MPH Ventures Corp.:

MPH Ventures Corp. is a molybdenum, graphite and gold 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

James G. Pettit, President

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.