MPH Ventures Corp.: Non-Brokered Private Placement Increased

MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") announces
that it will increase its private placement announced November 4, 2010 from
20,000,000 units to 21,000,000 units. The non-brokered private placement is at a
price of $0.05 per unit to raise gross proceeds of up to $1,050,000. Each unit
consists of one common share and one non-transferable share purchase warrant,
with each warrant to entitle the holder to purchase one common share for a
period of three years at a price of $0.10 per share.


The Company may pay up to a 7.5% finder's fee, payable in cash or units, in
connection with part of this private placement offering.


MPH intends to utilize the proceeds of this private placement for its 3400 acre
Pidgeon Molybdenum Deposit Project located approximately 50 kilometres east of
Dryden, in Northwestern Ontario, and for general working capital purposes.


Pidgeon Molybdenum Deposit Project Claims Map:
http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS-ON-Pidgeon-area-map.gif

About MPH

MPH Ventures is focused on the development of its wholly owned gold and
molybdenum projects located throughout Ontario. Management of MPH has extensive
expertise in identifying and adding value to exploration projects throughout
Ontario, 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

This news release may contain certain "Forward-Looking Statements" that may
involve a number of risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. For a more detailed
discussion of such risks and other factors, refer to the Company's filings with
Canadian Securities regulators available on www.sedar.com.

MPH Ventures Corp. (TSXV:MPS)
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