MPH Ventures Appoints Steve Marshall to Cuban Investment Advisory Board
(Thomson Reuters ONE) -
TSX Venture Exchange Symbol: MPS
Email: info(at)mphventurescorp.com
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
February 24, 2015
Vancouver, BC - MPH Ventures Corp. (TSX-V: MPS) (OTCBB: MPSFF) (Frankfurt: IJA2)
(the "Company") announces a second appointment to the Company's newly formed
Cuban Investment Advisory Board. With the most significant shift in American
policy towards Cuba in over fifty years, MPH Ventures intends to evaluate
potential investments in Cuba.
MPH Ventures is pleased to announce the appointment of Mr. Steve Marshall to the
Company's Cuban Investment Advisory Board.
Steve Marshall is a trilingual entrepreneur specializing in international
marketing and deal brokering. He has successfully adapted to varied world
markets throughout his career directing marketing campaigns in Spain, France,
Russia, Moldova, Ukraine and Cuba including a multinational timeshare company
and a multilevel digital marketing corporation.
Mr. Marshall spent 11 years in Cuba specializing in Cuban joint ventures and
successfully founded a number of companies including;
* Primeras Inversiones - Havana Free Zone
* First State approved Real Estate joint venture - CIMEX
* Condo Sales Havana - CIMEX
* Dimension W-Tech Start-Up Joint Venture with the Ministry of Communications
* First Cuba-Centric Online marketing company handling over 30 million annual
internet visitors with the Ministry of Tourism
Mr. Marshall was a special advisor to a number of Cuban corporations
spearheading their entrance into the new economy and providing support and
investment in a range of commercial sectors. He is knowledgeable concerning the
idiosyncrasies of dealing with the Cuban Government and Cuba's foreign
investment laws.
Steve Marshall's past Cuban ventures have received coverage in the Financial
Times, BBC News, CNN, Time Magazine, Washington Post, Chicago Tribune, and The
Wall Street Journal.
Mr. Marshall also found time to concentrate on his philanthropic initiatives
including refitting of the Pinar del Rio General hospital with over $800,000 in
second hand medical equipment and importing containers of children's toys for
the pediatric cancer unit at the Havana William Soler Hospital in Cuba.
At this time, MPH Ventures has not concluded any transactions in Cuba nor is
there any assurance that a suitable investment in a Cuban project will be
concluded in the future. Any transaction, which may include a change in
business, will require regulatory approval.
On February 18(th), MPH Ventures announced a non-brokered private placement of
up to 10,000,000 units (the "Unit") at a price of $0.05 per unit to raise
proceeds of up to $500,000. 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 Company intends to utilize the proceeds from this private
placement for investment investigation and for general working capital purposes.
A finder's fee of up to 7% cash and 7% 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. currently has 14.1 million shares issued and outstanding.
For further information on MPH Ventures Corp. (TSX-V: MPS) visit the Company's
website at www.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(at)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 at www.sedar.com for further
information.
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4
www.mphventurescorp.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: MPH Ventures Corp. via GlobeNewswire
[HUG#1896674]
Unternehmensinformation / Kurzprofil:
Datum: 24.02.2015 - 14:00 Uhr
Sprache: Deutsch
News-ID 373828
Anzahl Zeichen: 7037
contact information:
Town:
Vancouver, BC
Kategorie:
Business News
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