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2015-08-14

MPH Ventures Corp.: MPH Ventures Extends Agreement to Acquire Interest in Travelucion, (A Travel Media Company Servicing Travelers to Cuba), Private Placement

VANCOUVER, British Columbia MPH Ventures Corp. (TSX-V:MPS)
(OTCBB:MPSFF) (Frankfurt:IJA2) (the "Company") announces, further to its news
release of July 08th, that the Company and the shareholders of Travelucion
S.L (the "Selling Shareholders") have mutually agreed to extend the closing
date to September 30thpursuant to which the Company shall acquire a 20%
interest in Travelucion S.L in exchange for common shares of MPH Ventures and
$100,000 in cash with an option to acquire the remaining 80% interest.

Travelucion is a cash-flow positive online travel media company that
specializes in travel marketing, electronic reservation and online booking
solutions for international visitors to Cuba. It owns one of the most
significant portfolios of Cuba focused web properties and domains that have
been promoting Cuba and offering online travel services to the Caribbean
nation since 1995. Recently, Travelucion's revenues have been increasing in
the wake of the notable shift in American policy towards Cuba as diplomatic
relations between the two nations normalize and with travel restrictions on
Americans visiting Cuba expected to gradually relax. Online booking is one of
the fastest growing sectors in the travel industry and Travelucion is poised
to take advantage of this rapid growth.

Travelucion owns 100% of 432 web assets popularizing Cuban Culture, Music,
Celebrities, over sixty major tourist destinations, Golf, Banking and
Commerce which collectively generate over 30 million page-views per year.
Through legacy agreements with Cuba's largest travel companies, Travelucion's
emblematic e-commerce brands like Havanatur.com, Cuba VIP and GoCuba provide
the company with access to a broader and more diverse portfolio of national
travel and tourism packages in Cuba than any other travel provider.
Travelucion is also uniquely established to handle the travel requirements of
qualified U.S. travelers to Cuba. This allows permitted U.S. travelers, in
addition to non-U.S. travelers, the ability to indulge in high end hotel and
spa accommodations or create uniquely Cuban travel packages with exclusive
private home rentals, exotic/antique car services and access to a multitude
of exhilarating guided or self-discovery tours across Cuba. Travelucion has
also developed a strong social media platform of passionate Cuba social media
followers across Facebook, Twitter, Pinterest and Instagram.

MPH Ventures and Travelucion will continue to expand the existing travel and
Cuba focused marketing initiatives in numerous sectors with a specific
spotlight on the emerging U.S.-Cuba travel market.

* Travelucion is launching the development of mobile and web-based interfaces
that will allow the company to offer near real-time reservations based on
existing technology available for Cuban hospitality, leisure and travel
services.

* This solution will permit all visitors to Cuba to preview and book private
homes directly from their phones, order classic car tours on demand,
reserve private restaurants, tours and adventures in real time, yet with a
uniquely Cuban style. This will also promote Cuban homeowners and
entrepreneurs through providing the portal, opportunity and the tools that
allow them to compete in the nascent U.S.-Cuba travel market.

* The company is preparing its 432 multi-language Cuba web properties for
Global Distribution System (GDS) integration in preparation for GDS
real-time bookings through Amadeus, Abacus and, when authorized, American
GDS companies Travelport and Sabre.
* Travelucion will begin offering Carnival cruises to Cuba across its 432
Cuba web properties.
* Travelucion will begin to promote to its high volume of U.S. based website
visitors the services and offers from U.S. travel corporations as and when
these are authorized.

List of Travelucion web properties:

http://www.mphventurescorp.com/i/pdf/travelucion-web-properties.pdf

MPH will acquire 20% of the Selling Shareholder's shares in Travelucion in
consideration of the issuance to the Selling Shareholder of 4,000,000 shares
of MPH Ventures at a deemed price of $0.05 per share and CAD $100,000 in
cash. Prior to closing this transaction, MPH Ventures is required to complete
a private placement of $600,000. On closing, MPH Ventures will become the
registered holder of 20% of the issued and outstanding shares of Travelucion.
Closing of the acquisition of the initial 20% interest in Travelucion is
subject to the acceptance for filing of the Definitive Agreement by the TSX
Venture Exchange.

MPH Ventures has a further option, for a period of eight months, to acquire
the remaining 80% (for a total of 100% interest) from the Selling
Shareholders. The Company will be required to issue a further 16,000,000 MPH
Venture shares at a deemed price equal to the previous 10-day volume weighted
average price per share up to and including the date notice is given by MPH
Ventures to the Selling Shareholders to acquire the remaining 80% of the
issued and outstanding shares of Travelucion.

With the most significant shift in American policy towards Cuba in over fifty
years, MPH Ventures is continuing to evaluate potential investment
opportunities regarding Cuba.

MPH Announces Private Placement:

MPH Ventures announces a non-brokered private placement of up to 12,000,000
units (the "Unit") at a price of $0.05 per unit to raise proceeds of up to
$600,000. Each Unit consists of one common share and one non-transferable
share purchase warrant (the "Warrant"). Each Warrant will entitle the holder
to purchase one common share, for a period of five years, at a price of
$0.075 per share. The proceeds will be used for the aforementioned growth
opportunities and corporate developments with Travelucion, as well as for
general working capital purposes.

A finder's fee of 7% in cash and 7% in non-transferable warrants (the
"Finder's Warrants") may be paid in connection with part of this private
placement. Each Finder's Warrant will entitle the finder to purchase a common
share at a price of $0.075 per share for a period of five years from the
closing date of the private placement.

The private placement is subject to TSX Venture Exchange acceptance.

About MPH Ventures Corp.:

MPH Ventures Corp. has approx. 14.1 million shares issued and outstanding.

MPH-Travelucion Presentation:http://www.mphventurescorp.com/i/pdf/MPS_PPT.pdf

Travelucion Media Kit:
http://www.mphventurescorp.com/i/pdf/travelucion-media-kit.pdf

For further information on MPH Ventures Corp. (TSX-V:MPS) visit the Company's
website atwww.mphventurescorp.com.

MPH VENTURES CORP.

"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

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

This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may
differ materially from those in the forward-looking statements. The Company
undertakes no obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and financing, and
general economic, market or business conditions. Please see the public
filings of the Company atwww.sedar.comfor further information.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MPH Ventures Corp. via Globenewswire

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